835 North Michigan Avenue, along the magnificent mile, Chicago, situated in prime property with breathtaking view of the river is the 74 story sky scraper; Chicago Water Place. This unique building has the distinction of being the first vertical mall in America, World’s tallest reinforced concrete building at the time of completion and succeeded in changing the economic dynamics of Michigan Avenue. Where once it was dominated by high end boutique stores, the Water place opened a number of middle-class retail stores, Shifting Chicago’s retail centre of gravity from State Street to North Michigan Avenue. 
The 3 underground floors are used for parking, the first floor for the lobby, the next 8 stories for the retail stores, 10-32 is dedicated for the Ritz Carlton Hotel and the rest are occupied by plush condominiums.  After decades of construction the condos are still valid rivals for the modern condos of the city and are still sought after residencies. The building underwent a refurbishment in 2001 where it underwent a few drastic changes for the better including the installation of glass panes that broke the monotony of the gray marble walls of the exterior of the tower. 
The mall is the first of the three indoor malls built near the Water Tower. The entrance to the mall is through the escalators in between Macy’s and American Girl and a picturesque waterfall with spiral stairs on either side. The mall has close to about 100 retails stores built around the glass domes of the elevators. The mall is usually always packed and a whole horde of tourists are a common sight on the lookout for Oprah Winfrey, who owns a condo on the 64th floor of the building. Abercrombie and Fitch’s, Chocolatier Godiva, bebe, Victoria’s Secret, Banana Republic, Ann Taylor and Forever 21 are few of the retail stores available. The mall is also popular for its restaurants and cafes that deviate from the traditional food court found in malls. A live theatre is also among its many attractions.
Many seek out a Chicago Hotel Downtown for its luxurious surroundings and exquisite service. The Peninsula Chicago is a fine Chicago Five Star Hotel and is ideal for both leisure and business travellers.