Mondelēz to move global headquarters to Chicago
The company’s 400 employees will be relocated to a five-story office building, that’s currently under construction, in Fulton Market in April 2020, according to Chicago Tribune.
The company will relocate 330 corporate employees from the Deerfield headquarters and 40 contractors and 30 employees from Enjoy Life Foods, which creates allergen- and gluten-free snacks in Schiller Park.
“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,” Mondelēz 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.”
Chicago Tribune reported that the Oreo maker signed a 15-year deal for 77,100 square feet of office space in the five-story building. New York-based developer Thor Equities will integrate the building’s historic facade with modern glass design.
“Mondelēz joins a growing list of food and beverage companies relocating to Chicago, strengthening our place as a leader in the global food industry,” mayor Rahm Emanuel said in a statement.
Mondelēz spokesman Thomas Armitage said the move enables the company to be “rooted into a city that represents the millennial vibe. We want everyone to be connected into what consumers are thinking and doing.”