Morton Salt To Move Headquarters to New Downtown Chicago Development Along Chicago River
Company Signs Lease to Relocate to River Point at 444 W. Lake Street in December 2016
Jun 17, 2015, 10:05 ET
CHICAGO, June 17, 2015 /PRNewswire/ -- Morton Salt, Inc. today announced it has signed a lease agreement to relocate its Chicago headquarters office to the new River Point tower currently under construction in the West Loop.
Morton's planned move to this state-of-the art office tower along the Chicago River is part of its business and cultural transformation strategy – and builds on a series of recent company milestones, including a brand refresh and the 100th birthday of its iconic Morton Salt Girl celebrated in 2014.
As part of its 16-year lease agreement with River Point, Morton Salt will lease two floors occupying 52,600 square feet of space in the 52-story tower located at 444 W. Lake Street. This new office space will bring together Morton Salt's 300 employees from its current downtown headquarters office with its 50 customer service center employees currently based in Oak Brook, IL.
"This is an exciting time in our history because the new headquarters location will truly reflect the Morton Salt of the future," said Morton Salt CEO Christian Herrmann. "Our new headquarters space will be modern, open and high-tech, which we believe will ignite a more energized, innovative and collaborative workplace environment that our employees desire and deserve."
The company is planning to move from its current location at 123 N. Wacker Drive to River Point in December 2016.
"I am pleased that Morton Salt will continue to call the City of Chicago home and as importantly, continue to grow its workforce here," said Mayor Rahm Emanuel. "Morton Salt has a long history in Chicago which it showcases by its commitment to bringing more jobs to the city and moving its headquarters to the new River Point which will open in 2016."
Designed by Pickard Chilton Architects, River Point will offer dramatic world-class architecture and extraordinary views of the city. The 1.05 million square-foot property will provide first-class amenities including a 1.5-acre public park and landscaped riverwalk, fitness center, amenity retail, fine dining restaurant, and building conference center. River Point is also pre-certified LEED Gold for sustainable design.
"On behalf of the River Point development team, including our partners Ivanhoe Cambridge and Levy Family Partners, Hines welcomes Morton Salt to River Point. Morton Salt has been an iconic brand in Chicago for over 165 years. We think it is fitting that River Point's permanent skyline presence on the Chicago River will be their new home," said Hines Senior Managing Director Greg Van Schaack.
Herrmann added: "Morton Salt is a company born and raised in Chicago with roots that date back to 1848. Becoming part of this new riverfront landmark is symbolic of our commitment to Chicago and to the continued evolution of our company within this great American city and skyline."
About Morton Salt, Inc.
Morton Salt, Inc., part of the K+S Group, is the trusted authority in salt in North America. Our iconic Morton® brand, coupled with the broadest footprint in the industry has made us a leader since 1848. We produce salt for culinary, water softening, household and road deicing, food processing, chemical, pharmaceutical, and numerous industrial uses. Our employees are committed to safety, quality, service and the communities in which we operate. For more information, visit www.MortonSalt.com.
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SOURCE Morton Salt, Inc.
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