New McDonald's Campus Expected to Encourage More West Loop Development Moving Forward

Posted by Helaine Cohen on Monday, October 31st, 2016 at 8:58am.

McDonalds Headquarters West LoopConstruction permits have reportedly been issued for the new McDonald’s headquarters in the West Loop, which will no doubt continue to transform the neighborhood even more so than the current development boom we’ve seen over the past few years. 

The McDonald’s project will span roughly a block wide and occupy the former Harpo Studios site, which was demolished earliest this year to make way for the new loft-like corporate campus that will now be home to one of the biggest players in fast food. 

Even with construction just getting started, the magnitude of the project is already being felt by both developers and anybody already living in the West Loop. Last month, renderings were released for a 50-unit condo project that is already being marketed as being close to the new McDonald’s campus, and look for that trend to continue in the coming weeks, months, and even years. 

And while McDonald’s isn’t scheduled to move out of its Oak Brook location until 2018, expect more and more development to make its way over to the West Loop that either relates to the business of McDonald’s, or the people who work there. 

Helaine Cohen, Chicago Real Estate Broker

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