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With over 12,000 square feet of meeting space, Waterford Banquet and Conference Center is one of the premier meeting and conference centers in Chicago. The Waterford also features beautiful outdoor meeting space that would be ideal for cocktail receptions. Meeting Space for Large Groups or Smaller Events. Waterford Banquets meeting spaces allow complete versatility. From small conference rooms to our largest banquet halls, meeting planners have a whole range of option.