Uber is growing fast in Chicago
The transportation technology company signed a 10-year lease for thousands of employees at the 601W-owned building. It will be the massive project’s largest tenant and the biggest new deal in downtown Chicago, the Tribune reported.
Construction is scheduled to begin in spring 2020 on an office that’s nearly twice the size of the next largest lease. Walgreens was the project’s first major tenant with 200,000-square feet which was announced last year.
Uber told the Tribune in March it was looking to consolidate workers from Uber Freight (its fastest-growing branch) with employees from Uber Ride and Uber Eats. Chicago’s central location makes it a logistics hub, ideal for the company’s Uber Freight arm, which is why its Chicago office was the second largest outside of San Francisco.
The company has grown incredibly fast, it started with a 5,000-square-foot lease in Fulton Market five years ago, the Tribune said. Now it shares just under 200,000 square feet at 225 W. Randolph Street and 111 N. Canal Street.Recommend0 recommendationsPublished in