Google Move Buoys Chicago Tech Hub
Google is shifting 3,000 jobs from its newly acquired Motorola Mobility unit to downtown Chicago in a move Mayor Rahm Emanuel (D) hopes will anchor a burgeoning tech sector in the nation's third largest city.
The jobs were based in Libertyville, a suburb an hour outside of Chicago, but will be relocated next summer following Google's purchase of the company for $12.5 billion in May. Mayor Emanuel said he hoped Google's presence would attract start-up technology companies and stem the Midwestern brain drain. "I think this offers Chicago an opportunity to be a game changer, to be a digital Mecca for the Midwest," Mayor Emanuel said. The Motorola relocation is a coup for Mayor Emanuel, who has weathered a tough summer addressing a sharp uptick in homicides and battling the city's public-school teachers' union, which is threatening to strike. Google already has office space in Chicago, but it isn't nearly large enough for Motorola, so it is investing $300 million into the move and will take over 600,000 square feet on the top four floors of the Merchandise Mart downtown. A few floors below is a recently opened 50,000 square foot innovation center for digital technology partially funded by the state of Illinois.
Google Move Buoys Chicago Tech Hub Motorola Mobility leaving Libertyville for downtown Chicago (Chicago Tribune)