Rumors that Target could potentially replace Macy's at Water Tower Place along the Magnificent Mile have continued to stir, according to reports, with mixed reactions from Chicago residents, WMAQ/Channel 5 reports.

Although some Chicagoans have said Target could be a convenient choice for a storefront on Michigan Avenue, residents like Treasurer Maria Pappas said the department store "just doesn't fit."

"There's nothing elitist about this. This is just simply saying, 'Please don't sell celery and carrots in Water Tower,'' Pappas said. "It is a magnificent structure."

Pappas said her neighbors have been asking if Target will move into Water Tower Place, saying they are concerned because the Magnificent Mile is known for its high-end stores.

Watch the report.