Photo credit: Max Touhey for JPMorganChase

JPMorganChase officially opened its new global headquarters at 270 Park Avenue, marking a major milestone in its commitment to New York City.

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. 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.

Boosting New York City’s economy

JPMorganChase 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.

Part of firm’s broader investment in Midtown Manhattan and workspaces globally

The new headquarters at 270 Park 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.

Setting a new standard for office towers

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

• 2.5 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.

Sustainability

• New York City’s largest all-electric skyscraper with net zero operational emissions, 100% powered by renewable energy sourced 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.
• 97% of demolition materials recycled, reused, or upcycled – far exceeding green building standards.

Health and wellness

• Double the amount of outside, fresh air and continuous air quality monitoring.
• Advanced HVAC filtration systems for cleaner air.
• State-of-the-art health and wellness center with fitness areas, yoga/cycling rooms, medical services, mother’s rooms, and meditation spaces.
• 30% more daylight and circadian lighting for healthier indoor environment.

Enhancing New York City’s skyline and streets with public art

JPMorganChase has commissioned five new artworks from world-class artists that will enrich the cultural fabric of New York City:

• A Parallel Nature by Maya Lin: This large-scale artwork is the centerpiece of the new public plaza on Madison Avenue, inspired by the natural bedrock of the city and the rock faces of Central Park.
• Celestial Passage by Leo Villareal: This distinct light-based artwork transforms the city’s skyline, illuminating the 1,388-foot building’s crown nightly with gently shifting waves of monochromatic light.
• Color Chase One and Color Chase Two by Gerhard Richter: The lobby on Park Avenue features two large-scale, painted works made with interlocking, hard-angled aluminum shapes that are visible to pedestrians and visitors.
• Wind Dance by Lord Norman Foster: A 3-D printed column in bronze serves as a centerpiece in the lobby, visible from both Madison and Park Avenues. It replicates outdoor airflow to ensure the flag inside moves in harmony with those outside.
• Living Building by Refik Anadol: The lobby’s elevator banks become a vibrant display of light and movement, powered by custom AI models.

Project partners

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.

Jamie Dimon, Chairman and CEO of JPMorganChase: “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. 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.”

New York State Governor Kathy Hochul: “The official opening of JPMorganChase’s new global headquarters does more than add a signature building to Manhattan’s skyline – it reaffirms New York as the world’s financial capital, built on the strength of our workforce and infrastructure. Even better, 270 Park Avenue delivers benefits beyond its four walls, with critical investments to modernize the Grand Central train shed, ensuring safer, faster commutes for hundreds of thousands of New Yorkers. I commend Jamie Dimon and the JPMorganChase Operating Committee for their steadfast commitment to New York and the men and women for making this vision a reality. There is no better place to do business than New York.”

U.S. Senate Minority Leader Chuck Schumer: “The opening of JPMorganChase’s stunning 270 Park, a spectacular addition to Manhattan’s iconic skyline, sends an emphatic message to the world that New York City remains the greatest city on the planet – one where the most brilliant, creative, ambitious, and hardworking people from all around the world come to make their mark. In so doing these employees do so much to create jobs, support countless workers in related industries that power the New York and American economy. I’m excited to see CEO Jamie Dimon put this exclamation point on JPMorganChase’s commitment to New York, and to Gary LaBarbera, Vinnie Alvarez, and all of the union leaders and laborers who made it a reality, not to mention the significant contributions from the City of New York, the MTA and more. In Manhattan, 270 Park will support 10,000 high-skilled employees in good-paying jobs that will have a cascading ripple effect on the entire economic ecosystem of NYC, from the small business owner opening a new café or restaurant to the taxicab driver and fruit stand vendor. Our city is strongest when those with the most invest locally in their community, and 270 Park is a literally shining example of the best version of this. Onward and upward!”

Source: JPMorganChase