What is the parking situation at Shanghai Terrace?

  1. Forget about trying to land a metered spot on the busy Magnificent Mile; Shanghai Terrace offers complimentary valet parking. The Cantonese-Shanghainese restaurant sits on the fourth floor of the Peninsula Chicago, at 108 East Superior St., right off of Michigan Avenue, which is notorious for impossible-to-find parking. Instead of circling nearby blocks in search of an open space, leave your car with the valet and just worry about what you should order. After your intricate meal at the Chicago restaurant, the wait staff will validate your valet ticket, so you don’t have to pay the $51 nightly rate. Along with the traditional cuisine and spectacular views, free parking is another reason to make the drive to Shanghai Terrace.