Posted Jan 8, 2019, 2:45 AM
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Registered User
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Join Date: Dec 2012
Location: Chicago
Posts: 6,883
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Potential for any new projects (small or otherwise) due to this for West Loop? Anyway - very interesting. This will make McDonald's, Mondelez, Google, Dyson, WPP, Sun Times, etc in West Loop. Also Time Out's food hall will basically be across the street from this.
Oreo-maker Mondelez to move headquarters and 400 jobs to Chicago, leaving Deerfield
https://www.chicagotribune.com/busin...107-story.html
Quote:
Mondelez International, maker of Oreo, Ritz, Triscuits and other brands, plans to move its global headquarters from Deerfield to Chicago’s booming Fulton Market neighborhood.
The snack maker will move 400 employees into a five-story office building under construction at 905 W. Fulton Market, in the heart of what was once the city’s meatpacking district. The company, which said it signed a 15-year lease, will relocate employees in April 2020, joining the parade of corporate food giants abandoning the suburbs for the city.
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“We sought a location that reflects our new, dynamic and more consumer-centric growth culture, and which will make existing and future colleagues proud to be working at the global headquarters of a $26 billion dollar global snacking leader,” Mondelez Chairman and CEO Dirk Van de Put said in a statement. “Fulton Market is an exciting part of the City of Chicago that has acquired a well-deserved reputation for world-class food. We’re privileged to be part of this rapidly-developing scene.”
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The move to a hub of Chicago’s foodie and tech scene gets the company “rooted into a city that represents the millennial vibe,” Armitage said, which is useful for both attracting employees and developing consumer insights.
“We want everyone to be connected into what consumers are thinking and doing,” he said.
All 330 corporate employees at Mondelez’s Deerfield headquarters will make the move, plus about 40 contractors and 30 employees from Enjoy Life Foods, which Mondelez acquired in 2015. Enjoy Life, known for its allergen- and gluten-free snacks, is based in Schiller Park.
Mondelez, which occupies 53,000 square feet in Deerfield, will have 83,000 square feet in the new building, where its offices will be on floors two through five. There will be retail on the ground floor.
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