The Chicago Plan Commission approved a zoning change to facilitate the construction of McDonald’s new headquarters in the Fulton Market District, land-use plans for a second TIF district dedicated to the massive Lathrop Homes development, a plan to turn the historic Old Main Building on the Illinois Institute of Technology campus into apartments, and a new residential housing complex for Wicker Park, along with several other large-scale residential developments and one hotel at its monthly meeting yesterday.
McDonald’s Headquarters for Fulton Market District (27th Ward)
Sterling Bay, the developer behind McDonald’s new downtown office, plans to build a nine-story office building with ground floor retail at the Harpo Studios site, the former home of the Oprah Winfrey Show. The site at 110 N. Carpenter contains a surface parking lot and the adjacent, vacant production studio building.
McDonald’s anticipates that a significant number of the 2,000 employees who currently work out of the Oak Brook office will be transferred to the new Chicago location. A minimum of 300 parking spaces will be provided, along with shuttle buses that will drive to downtown METRA stations.