The Waterfall is a Soviet style monument with a native touch. Construction began in 1970 and is still underway. In 1997, after the fall of communism and with it, the country's economy, construction stopped and dozens of fountains stopped working as well. The waterfall was a very ambitious project. Located in the centre of the city, it provides great views of downtown. It's made of white marble. Again, Gerard Cafesjian, belonging to the Armenian diaspora and a great art collector, resumed work on the Waterfall at the beginning of 2000 and gave it a decorative detail of a black cat sculpture by the artist Botero.