The Cascade is a huge white stairwell built into a Yerevan hillside in the 1970s, with water fountains running down them, all reminescent of a natural cascade in a river or stream.
Although its original intent was as a monument, beginning in the 1990s the Cascade has been used as a discotech and cafe location. In 2006 the Armenian Navy Band put on an open-air concert at the Cascade.
The Cascade is emerging as one of the focal points in Yerevan, similar to the Republic Square. It offers spectacular views of Mount Ararat and the city center. It is also popular for foreigners to jog on. Many tourists are often unaware that the structure has escalators so that they do not have to climb the stairs all the way to the top.
At the top of the Cascade, the Cafesjian Museum of Contemporary Art is under construction.