SRAM LLC has officially moved its global headquarters to a new location in Chicago's West Loop neighborhood that includes an 1/8 mile test track.

The SRAM team officially moved into the 1000 West Fulton Market Street facility pictured to the right on June 19. SRAM’s new office will occupy the entire fourth floor of the Fulton Market Cold Storage building, now known as 1KFulton. The area, originally a meatpacking and industrial district, is being transformed by new restaurants, retailers and tech firms. SRAM headquarters had been located on Kingsbury Street the prior 14 years.

“This new facility was designed to be open, naturally lit and conducive to creative development and communication,” said SRAM President Stan Day. “We’re just blocks from our founding location where it all started in 1987, so there is some history for us here. This was a long anticipated move and we’re incredibly excited to be here.”

1KFulton will also serve as the headquarters for World Bicycle Relief as well as the SRAM Cycling Fund. The 70,000-square-foot facility features a 1/8th mile test track, prototype machine shop, test lab and industrial design workshop. The new space currently serves 150 employees, with room for up to 200.

SRAM is the second largest manufacturer of bicycle components in the world after Shimano Corp, in Japan. In addition to SRAM branded drive train components, the company owns the Rockshox (mountain biking forks and suspension products), Avid (disc brakes), QuarQ  (power meters) and Truvativ and Zipp (wheels, bars, stems, seat  posts and accessories) brands.