Cascade is one of the top destinations in Yerevan. The complex is famous for a large number of its starts. There are also rooms connected to some of the landings along the escalators which compose the Cafesjian Museum of Art.
The construction began in 1971, during the Soviet period. The first phase was completed in 1980. Further development was implemented between 2002 and 2009 when the complex was handed over to the American-Armenian businessman Gerard Cafesjian in the early 2000s and a complete renovation was performed. A large museum complex was also planned for the top. Although the construction of the museum was launched, it was frozen in the early stages and has not continued for years.