It was designed by Skidmore, Owings & Merrill, and at 725 ft (221 m) tall, with 63 floors, it is Chicago's tallest mid-block building.

The building's name is connected through the original developer, Olympia and York of Toronto.

The building is divided into three zones: a retail zone occupied by Neiman Marcus, commercial office space from floors 6 through 23, and private condominium residences from floors 24 through 63.

Weissbluth Pediatrics is located in Suite[3] 820 in the Olympia Centre and is the only pediatric practice in the city of Chicago performing house call visits for its families.

The Consulate-General of Japan in Chicago (在シカゴ日本国総領事館 Zai Shikago Nippon-koku Sōryōjikan) is located in Suite 1100 in the Olympia Centre.