527 W Kinzie Street

Sale Announced For Parcel At 527 W Kinzie Street

A new land sale has been announced for the property at 527 W Kinzie Street in the Fulton River District near The Loop. Located by the river and directly next to the upcoming Cassidy on Canal tower, the lot had originally been earmarked for a potential residential development. The sale is being executed by CBRE on behalf of the owner Vornado Realty Trust, who is based in New York and owns Merchandise Mart.

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Plans Revealed For Residential Development At 527 W Kinzie Street In Fulton River District

Initial plans have been revealed for a new residential development located at 527 W Kinzie Street in the Fulton River District. Announced in a recent newsletter by 42nd Ward alderman Brendan Reilly, the new structure will replace a vacant parking lot nearly adjacent to the Chicago River across from the quickly climbing Salesforce Tower. New York-based developer Vornado Realty Trust has tapped local architecture firm Pappageorge Haymes Partners for the design of the new tower.

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