The mall portion of Chicago Place, a prominent mixed-use high-rise located on the 700 block of North Michigan Avenue in Chicago, has been closed since February 2009 and is now primarily occupied by offices.
Location and Original Purpose
Chicago Place is an iconic structure situated along the city's famous Magnificent Mile, nestled between Huron and Superior streets. Originally conceived as a mixed-use development, it prominently featured a multi-level retail mall that served as a significant shopping destination. Saks Fifth Avenue anchored the complex, drawing in shoppers with its luxury offerings.
Key Details of Chicago Place:
- Location: 700 block of North Michigan Avenue, Chicago (between Huron and Superior)
- Prominence: Located along the Magnificent Mile
- Original Anchor Store: Saks Fifth Avenue
Transformation of the Mall Space
Over time, the retail landscape evolves, and properties adapt to changing market demands. For Chicago Place, this evolution involved a significant shift in the use of its commercial space. As of February 2009, the decision was made to cease the mall's retail operations.
The Redevelopment Process:
- Closure Date: The mall portion was officially closed in February 2009.
- New Occupancy: Following its closure, the space formerly dedicated to retail was redeveloped to accommodate offices.
- Purpose Shift: This transformation indicates a move from a traditional shopping center model to a more diverse, office-centric environment within the mixed-use tower.
This strategic change allowed Chicago Place to repurpose its significant footprint to meet the growing demand for commercial office space in the bustling downtown Chicago area, while still retaining its mixed-use character.
Summary of Change:
| Aspect | Before (Mall Portion) | After (Mall Portion) |
|---|---|---|
| Status | Operational Multi-Level Retail Mall | Closed |
| Primary Use | Retail and Shopping | Offices |
| Date of Change | February 2009 (Closure and Redevelopment) |
