Chicago mayor to announce Uber expansion

Mayor Lori Lightfoot will join Uber to announce the company’s expansion in the city. Chicago is one of the largest office areas, employing more than 1,000 people. This new expansion could be the gateway to solve the city’s budget deficit. Uber already had plans to stay in Chicago. In August, the company signed a 10-year lease for an office at the Old Post Office Building. The deal was the largest office lease signed in downtown Chicago. Construction on the building is set to start next Spring. Right now, it’s unclear just how many employees will work there. In 2027, Uber Freight, the service that connects truck drivers to shippers, has become the headquarters for the fast-growing business unit. Business developers say it’s because Chicago is so big, with a large pool of talent, and a lot of innovation. In her State of the City speech, Lightfoot addressed the city’s $838 million dollar debt. She mentioned ride-share apps, like Uber and Lyft, would be part of the solution when combating both budget problems and heavy traffic.

09/09/19 9:05AM