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Walgreens Considers Moving HQ Downtown

Crain’s is reporting that the company has discussed moving into the Old Main Post Office in Chicago.

File photo
File photo

Walgreens may be pulling up stakes in Deerfield and moving into downtown Chicago, Crain’s Chicago Business is reporting.

The article says the company is eyeing the Old Main Post Office, which spans across the Congress Parkway feeder ramp to the Eisenhower. The company has been in negotiations with the owner of the 2.7 million-square-foot building, but no agreement has been reached, Crain’s reports.

The article quotes unnamed sources, and a company spokesman did not answer Crain’s questions. Walgreens is Deerfield’s largest employer, the article states.

Deerfield Mayor Harriet Rosenthal released a statement a few hours after the news broke. In it she says that Walgreens has told the village that it is not "engaged with developers" on new locations for the corporate headquarters.

The statement reads in full:

“The Village is in regular dialogue with Walgreen Management and we are strongly committed to supporting Walgreen's continued presence in Deerfield. The Village recognizes and appreciates Walgreen’s on-going multi-million dollar investment in their Deerfield campus, including the recent addition of Walgreen University. This would support that the headquarters employment base will remain here for the foreseeable future. The Village has received confirmation from Walgreen that they are not engaged with developers on any new locations for their corporate headquarters.” 

This news comes as a group of shareholders has been lobbying the company to move its headquarters to Europe.

You can read the full Crain’s story here.

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