Google is just made a huge investment in Illinois
All the talk over the past couple of months is about the big companies leaving the land of Lincoln, well that trend just changed with Google's parent company making a huge investment purchase here in Illinois.
According to Forbes.com, the parent company of Google, called Alphabet, just bought one of the biggest available buildings in downtown Chicago for over $100 million, on the site they say...
"Google bought a downtown Chicago building from the Illinois state government for $105 million, the parties announced Wednesday, delivering a much-needed symbolic victory for Illinois after three of the state’s largest companies announced plans to move their headquarters away from the state."
The governor of Illinois, JB Pritzker, said in the Forbes article that this massive win for Illinois and shows Chicago is a tech hub globally, and that Google plans to renovate the building and move in sometime after 2026, to read the full article for yourself click here!
Wow what a win for the city of Chicago and the state of Illinois, Illinois has seen some of its biggest and longest-tenured fortune 500 companies move their headquarters recently, companies like Caterpillar and Boeing, and while I don't think Google will have its worldwide headquarters here, the fact that they are investing in Chicago and Illinois in this way is a great thing. I will just add that the building Google just purchased from the state is called the Thompson Center and it is a very unique all-glass building that is one of my favorite buildings in downtown Chicago, it is located at the corner of Randolph and Clark, so check it out the next time you're downtown.
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