Eclipse: How to Change Workspace Location

How to change the location of the workspace in Eclipse.

Open Eclipse.
Go to File, Switch Workspace, Other...
Type in the file path of the new workspace or browse for the location using the Browse... button.
Click OK.
Eclipse will restart in order to switch workspaces.
To switch back to the previous workspace, go to File, Switch Workspace, and then select the workspace from the list of recent locations.