
The owner of Chicago’s Merchandise Mart is proposing to build a residential tower nearby, downtown Ald. Brendan Reilly (42nd) said Friday.
In an email to constituents, Reilly said Vornado Realty Trust plans a 26-story building with 288 units at 527 W. Kinzie St., the southwest corner of Kinzie and Canal Street. The property has been used for surface parking by tenants at the mart.