Water Tower Place Major Makeover
Sector: Water Supply and Storage • Location: Chicago, Illinois, United States
Source: NBC 5 Chicago
Water Tower Place, Chicago's first vertical mall on Michigan Avenue, is undergoing a full-scale $170 million makeover. The project includes relocating the first-floor escalators to the sides to create more retail space, adding new retailers and restaurants across the first three floors, and leasing upper levels for medical, office, and other commercial uses. Construction is set to start in 2027 wi
- Status
- Prospective
- Sector
- Water Supply and Storage, Commercial, Hospital, Residential
- Location
- Chicago, Illinois, United States of America
- Updated
- 22 Jul 2026
- Source
- NBC 5 Chicago
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Water Tower Place, Chicago's first vertical mall on Michigan Avenue, is undergoing a full-scale $170 million makeover. The project includes relocating the first-floor escalators to the sides to create more retail space, adding new retailers and restaurants across the first three floors, and leasing upper levels for medical, office, and other commercial uses. Construction is set to start in 2027 with a target completion in 2028, and the mall will remain open during construction. |
Original sector | Built Sector |
Budget |
Location
Country | United States of America (USA) |
State | Illinois |
City | Chicago |
Source
Source | NBC 5 Chicago |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Commercial, Hospital, Residential |
Article published date | 2026-05-01 |
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