In a statement Wednesday, Brookfield Properties spokesperson Lindsay Kahn said Water Tower Place “will no longer be part of Brookfield’s portfolio.”
leaving more than 300,000 square feet empty for the first time since the mall opened in 1975. The department store opened that year as Marshall Field’s; it had operated under the Macy’s name since 2006.Target was in talks to open a space in the mall last year, although those negotiations hadOther former Water Tower Place stores that have closed in recent years include
The Water Tower Place transaction reflects Brookfield’s struggles finding a tenant for the space left vacant by the Macy’s exit, said Gabriella Santaniello, founder of retail research firm A Line Partners.
Wish I could afford to live in the city. The suburbs blow. North side is totally unaffordable.
I worked at K&B there 97-00. It was losing stores then. Mag Mile was not uber-chic then either. Oak St. was. Bloomingdale’s had just moved in.
Malls are dying everywhere. If you actually live in Chicago, you would know that water tower has been going downhill for a long time now.
Yet another example of Lightfoot’s catastrophic impact on Chicago. With her soft on crime approach to the 2020 riots and looting, she created an atmosphere of fear that drove away tourists and shoppers.
Y’all going to turn a world class city into the next Detroit. Need to clean political house up there. Millennials are fleeing in droves