Scott Stantis editorial cartoon for Wed, July 2, 2025, on Water Tower Place (Scott Stantis/For the Chicago Tribune). Lots of suburban malls have, or had, three floors.

But like retail most places, the mall took a hit following the COVID-19 pandemic, losing its food court and retail giant Macy's. Water Tower Place was bought by MetLife Investment Management in 2022.

Water Tower Place owner pitches mall consolidation, lists upper floors for sale Owner MetLife started to explore consolidating the mall’s retail space last year and is now looking to sell, or ...

An iconic Chicago mall is shedding square footage in a bid to stay alive. The upper floors of Water Tower Place at 835 North Michigan Avenue will be converted into office and medical space, while ...

However, organizers decided to keep the Sunday events open through May 18. Located on the mall's fourth floor, the market is open every Sunday from noon to 4 p.m. at 835 N. Michigan Avenue.