Google is close to inking a deal with Sterling Bay to more than double its office footprint in Fulton Market. Google is making Sterling Bay its go-to developer for its ever increasing office portfolio in the city.
The tech giant will occupy all 800,000 square feet of space in two Sterling Bay buildings: the 11-story 345 N. Morgan St.; and the 18-story 1000 W. Carroll Ave., according to the Chicago Tribune. The now embattled WeWork recently pushed past 1 million square feet of office downtown, after it announced plans for its 12th location in Chicago.
If as expected Google expands its total office space in Chicago to about 1.3 million square feet — it already has 500,000 square feet — it would become one of the largest tenants in the Downtown.
The new urban campus would create enough room for Google to hire thousands of new workers, according to the Tribune. Google has more than 1,200 employees in Chicago already.
When Google moved its Midwest headquarters four years ago to the Sterling Bay-developed building at 1000 West Fulton Street — it took 372,000 square feet there — it helped fuel the development frenzy in the trendy West Loop neighborhood. Since then, the company signed a lease for 132,000 square feet nearby in Sterling Bay’s new 210 North Carpenter Street location. [Tribune] — Brianna Kelly