Chase Opens All-Electric HQ Tower in NYC

NEW YORK -- JPMorganChase has officially opened its new global headquarters at 270 Park Avenue, marking a major milestone in its commitment to New York City and sustainability.

As the city’s largest all-electric tower, it operates at net zero emissions and delivers exceptional indoor air quality, setting new standards for sustainability, health, and wellness.

Designed to accommodate 10,000 employees and thousands of daily guests, the building offers 2.5 million square feet of flexible workspace, smart technology, and advanced infrastructure for the future of work.

With 2.5 times more outdoor space than the previous building – including a public plaza, green spaces, and wider sidewalks – JPMorganChase Tower fosters a vibrant environment for the Midtown community.

“For more than 225 years, JPMorganChase has been deeply rooted in New York City. The opening of our new global headquarters is not only a significant investment in New York, but also a testament to our commitment to our clients and employees worldwide,” said Jamie Dimon, Chairman and CEO. “By creating world-class environments where our employees can thrive, we are strengthening our ability to serve our clients and communities – locally and globally – for generations to come.”

The company remains one of the city’s largest employers, with the new building housing 10,000 of its 24,000 New York City employees. According to an independent study by Vista Site Selection, the firm contributes $42 billion annually to the city’s economy, supporting an additional 40,000 jobs across local industries. The construction of the new building alone created 8,000 jobs across 40 local unions.

The new HQ represents a major step in JPMorganChase’s ongoing investment in Midtown Manhattan and its global office network. In Midtown, the firm worked closely with the Metropolitan Transportation Authority to significantly improve the neighborhood’s infrastructure across several blocks.

The opening of 270 Park also marks the start of renovations at the firm’s 383 Madison Avenue building, directly across the street. Both projects will enhance public spaces with a new plaza on Madison Avenue, wider sidewalks, and improved access to Grand Central Terminal.

Beyond New York, JPMorganChase has invested billions of dollars to renovate and expand offices throughout the U.S. and worldwide, reflecting its commitment to creating modern, collaborative work environments for employees everywhere.

The 60-story skyscraper reimagines the workplace for employees, clients, and the community.
Key features include:

• Two and a half million square feet of dynamic workspace and collaboration areas, including 285,000 square feet of dedicated client entertainment space, powered by smart technology and advanced infrastructure.
• Innovative fan column structure and triangular bracing create 2.5 times more public space at street level than the previous building, including wider sidewalks, and a public plaza on Madison Avenue.
• Vibrant streetscape and outdoor amenities create a ‘city within a city’ for residents, workers, and visitors.
• A welcoming lobby, eight expansive trading floors, a triple-height ‘Exchange’ hub for dining and large gatherings, and a world-class client center at the top.
• Touchless journey for employees with more than 50,000 connected devices delivering a seamless, data-driven experience.
• Higher ceilings that far exceed typical office standards, along with 50% more communal spaces, and 25% more volume of space per person.
• Split elevator core and shuttle elevators enhance connectivity and flexibility.
• Column-free floor plates allow for adaptable layouts.
• Outdoor terraces with natural plantings and biophilic design elements.
• New York City’s largest all-electric skyscraper with net zero operational emissions, one hundred percent powered by renewable energy from a New York State hydroelectric plant.
• Designed to achieve LEED Platinum v4 and WELL Health-Safety Rating.
• Intelligent building technology uses sensors, AI, and machine learning systems to predict, respond, and adapt to energy needs.
• Advanced water storage and reuse systems reduce water usage more than 40%.
• Triple-pane glazing on the façade and automatic solar shades connected to HVAC systems for greater energy efficiency.
• Ninety-seven percent of demolition materials recycled, reused, or upcycled – far exceeding green building standards.

Foster + Partners served as the lead architect for the building’s design, with Tishman Speyer as the developer manager. Adamson Associate Architects served as the architect of record and executive architect, with Jaros, Baum & Bolles (JB&B) as the mechanical and services engineers. In addition to Foster + Partners, interior spaces were designed by Gensler, Skidmore, Owings & Merrill (SOM), and STUDIOS. Vishaan Chakrabarti, Architect and Founder of Practice for Architecture and Urbanism served as the project’s overall design advisor.

JPMorganChase partnered with experts including Dr. Joseph Allen, Director of Harvard University’s Healthy Buildings program; wellness expert Deepak Chopra; Danny Meyer of Union Square Hospitality Group to create world-class wellness and hospitality experiences.

The construction project was managed by AECOM Tishman, with New York City Constructors overseeing the frame’s installation and Severud Associates serving as the structural engineer. JRM Construction Management, Structure Tone Building Group, and McKissak, Turner and Valez (MTV) performed the fit-out of the interior spaces.

For more, go to www.jpmorganchase.com/communities/new-york.