McDonalds (NYSE: MCD) Moves Headquarters To Oprah’s Old Set

McDonalds is picking up and moving back to their hometown of Chicago. The city that previously was a base for the company from 1955 to 1971.

The hamburger chain announced on Monday that it has signed a lease to move its corporate headquarters in 2018 from the leafy suburbs of Oak Brook, Illinois, to downtown Chicago.

The company’s new headquarters will be at the space that once housed Harpo Studios, where filming of “The Oprah Winfrey Show” took place until 2011. Harpo Studios sold the site in 2014 to developers for more than $30 million.

McDonalds has plans to transform the space into a “modern setting that fosters collaboration and connectivity.” Its new headquarters will also house a Hamburger University, a learning center for future executives and other employees.

According to McDonald’s Corp. CEO Steve Easterbrook, the new site will encourage innovation and ensure that “great talent is excited about where they work.”

Disclaimer: We have no position in McDonald’s Corporation (NYSE: MCD) and have not been compensated for this article.

Sofia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.

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