12 Facts About Magnificent Mile

Magnificent Mile, sometimes referred to as The Mag Mile, is an upscale section of Chicago's Michigan Avenue, running from the Chicago River to Oak Street in the Near North Side.

The Magnificent Mile serves as the main thoroughfare between Chicago's Loop business district and its Gold Coast.

Landmarks along the Magnificent Mile include Wrigley Building, Tribune Tower, the Chicago Water Tower, and the Allerton, Drake and Intercontinental Hotels.

The name the "Magnificent Mile" is a registered trademark of The Magnificent Mile Association, formerly the Greater North Michigan Avenue Association .

However, the Magnificent Mile kept a luxury shopping district close to the central business district.

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Today, The Magnificent Mile contains a mixture of upscale department stores, restaurants, luxury retailers, residential and commercial buildings, financial services companies, and hotels, catering primarily to tourists and the affluent.

In recent years, The Magnificent Mile has added trees and flower-filled medians to reflect the changing seasons.

Many of the world's leading retail stores populate The Magnificent Mile, including luxury department stores Bloomingdale's, Neiman Marcus, Saks Fifth Avenue, Nordstrom, and the Flagship Macy's on State Street.

Magnificent Mile is notable for its three urban shopping centers: Water Tower Place, The Shops at North Bridge, and 900 North Michigan Shops.

In 2011, rent on The Magnificent Mile is the third most expensive in the country, behind Fifth Avenue in New York and Rodeo Drive in Beverly Hills.

Tradition of lighting the trees of The Magnificent Mile to start the Christmas season extends more than forty years.

North Michigan Avenue is a six-lane two-way street that is serviced by Chicago Transit Authority public buses along the Magnificent Mile that connect the area to the entire Chicago metropolitan area.