Chicago has more than $20 billion of development projects in the works, spanning across cultural, office, residential, and retail, according to Fox Business. Food and consumer-products companies are a leading part of the city’s development boom. 

One of the biggest examples is the under-way McDonald’s corporate headquarters in Fulton Market. The McDonald’s headquarters had been in Oak Brook since 1971. The fast food giant’s decision to move from the suburbs to the city is a part of a larger trend.

Fox Business points out that Hickory Farms and Conagra Foods have done the same. Hickory Farms had its headquarters in Toledo, Ohio for decades, but it made the move to the larger urban setting of Chicago. ConAgra Foods moved even further, uprooting its Omaha, Nebraska, headquarters and settling down in Chicago’s Merchandise Mart, according to the Chicago Tribune.

Companies like McDonald’s, Hickory Farms, and Conagra made the move to Chicago because they want to remain competitive, according to the Fox Business report. The younger talent pool is gravitating toward large cities, and big corporations are following.