This Sunday, Jan. 10, 2016, photo shows the sign on the McDonald's on 42nd Street near Times Square in New York. McDonald's is moving back to Chicago and into the old home of "The Oprah Winfrey Show." The world's biggest hamburger chain says it signed a lease to move its corporate headquarters from the leafy suburbs of Oak Brook, Ill., to downtown Chicago in 2018. McDonald's was previously based in the city from 1955 to 1971. (AP Photo/Gene J. Puskar)
This Sunday, Jan. 10, 2016, photo shows the sign on the McDonald's on 42nd Street near Times Square in New York. McDonald's is moving back to Chicago and into the old home of "The Oprah Winfrey Show." The world's biggest hamburger chain says it signed a lease to move its corporate headquarters from the leafy suburbs of Oak Brook, Ill., to downtown Chicago in 2018. McDonald's was previously based in the city from 1955 to 1971. (AP Photo/Gene J. Puskar) Credit: Gene J. Puskar

McDonald’s Corp. recently announced the move of its corporate headquarters to downtown Chicago by the spring of 2018.

The company signed a lease at 1045 W. Randolph St. in Chicago’s vibrant West Loop neighborhood and will transform the space into a modern setting that fosters collaboration and connectivity.

“We are a brand on the move in more ways than one,” said McDonald’s President and CEO Steve Easterbrook. “Moving our headquarters to Chicago is another significant step in our journey to build a better McDonald’s.”

The move marks a return to Chicago where the company was headquartered from 1955 to 1971.

The new headquarters will also house Hamburger University, one of seven worldwide locations, providing a state-of-the-art learning center for the company’s future leaders and employees.

Associated Press