MillerCoors LLC announced today it has signed a 15-year lease agreement for nearly 130,000 square feet of office space for its new headquarters location at 250 S. Wacker Drive in downtown Chicago.
On July 15, following the closing of the transaction to combine the U.S. and Puerto Rico operations of Miller Brewing Company and Coors Brewing Company, the newly formed MillerCoors selected Chicago as a neutral location based on a desire to reflect balance between its legacy companies.
MillerCoors selected the West Loop hi-rise because of its dynamic environment for employees and visitors, green space, surrounding amenities and access to public transportation, including the convenient Amtrak access to Milwaukee via Union Station - a major positive in selecting the location.
MillerCoors chief executive officer Leo Kiely said the new location provides a unique opportunity to establish MillerCoors identity as a beer company in downtown Chicago.
"We are a beer company and you'll know that as soon as you walk through the doors of our Chicago headquarters," Kiely said. "The offices will showcase our brands and create a work environment that inspires our employees' passion for beer."
MillerCoors will be the largest tenant in the building, housing nearly 400 employees on eight floors. The headquarters will house a majority of MillerCoors senior executives, as well as marketing, human resources, legal, finance, IT and communications divisions.
The new headquarters will be ready for occupancy in June 2009 and will join Milwaukee and Golden, Colo., as one of MillerCoors' three major business locations.
MillerCoors said it will continue to maintain significant operations in Milwaukee and Golden and plans to make major investments in both breweries, as well as in civic, cultural and sports sponsorships throughout Wisconsin and Colorado.
"Milwaukee will always be the home of Miller beer, and Golden will always be the home of Coors beer," Kiely said.
MillerCoors selects headquarters site in Chicago's West Loop
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