Mayor Lori E. Lightfoot is also pleased with the announcement.
“I applaud Starbucks for their commitment of corporate citizenship and efforts to strengthen the communities in which they serve,” she says. “Chicago’s own relationship with Starbucks stretches over three decades, and we are incredibly excited to continue that partnership well into the future, through the 200 new jobs created in the beautiful new Reserve Roastery.”
Scheduled to open on Chicago’s Magnificent Mile this fall, the Roastery is part of a larger effort that includes the city’s new INVEST South/West initiative.
Meghan Harte, executive director of LISC Chicago, also applauds Starbucks’ activity in the Windy City.
“Our communities are filled with talent, and entrepreneurial spirit,” she says. “Starbucks is supporting a broadly shared prosperity that will deliver clear benefits to residents, while making our neighborhoods safer and stronger.”
To date, LISC Chicago has invested more than $970M in grants, loans and equity throughout the city.
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