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However Chicago evolved and by the 1920s, commuter suburbs began to have significant retail districts. [6] After 1950, suburban development reduced the role of the Loop's daily significance to many Chicagoans as downtown retail sales slipped. However, the Magnificent Mile kept a luxury shopping district close to the central business district. [8]
The Merchandise Mart (or the Merch Mart, or the Mart) is a commercial building in downtown Chicago, Illinois. When it opened in 1930, it was the world's largest building, with 4 million square feet (372,000 m 2) of floor space. [1] [2] The Art Deco structure is at the junction of the Chicago River's branches.
The Loop is Chicago's central business district and one of the city's 77 municipally recognized community areas.Located at the center of downtown Chicago [3] on the shores of Lake Michigan, it is the second-largest business district in North America after Midtown Manhattan.
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