Uber Technologies has signed a 10-year lease for a massive amount of office space at The Old Post Office, giving it room for thousands of employees.
Uber on Monday confirmed it will occupy 463,000 square feet, becoming the building’s largest tenant. The Tribune reported in May that the California-based technology company was negotiating a move to the post office site.
The deal is the largest office lease signed in downtown Chicago this year, and one of the largest in Chicago in recent years. Not including renewals or extensions of existing office spaces, Uber’s deal is the fourth-largest in the past five years, according to CBRE.
Uber is set to start construction on its new space in The Old Post Office next spring. It is unclear how many employees will ultimately work there.