Cool office spaces are all the rage these days. With big-name companies like Google, Slack and Gusto offering employees amenities like cooking classes, game rooms or tents to take meetings in, the trend for in-office perks is rising. JPMorgan Chase is the most recent name to enter the ranks of unique office spaces.
The company recently unveiled its new global headquarters in New York City, located at 270 Park Avenue. The 60-story skyscraper is designed by Foster + Partners and, upon completion, will be able to hold up to 14,000 employees. Some in-office perks for JPMorgan employees include fitness areas with yoga and cycling rooms, physical therapy centers, medical services and more. The space will also feature a food hall, a conference center showcasing the city’s view and outdoor terraces.
While the company did not disclose plans to hire for its new office, it will remain one of NYC’s largest employers, according to a company statement. JPMorgan is actively hiring for over 600 open roles.
“With our new headquarters, JPMorgan Chase is making a long-term investment in our business and New York City’s future while ensuring that we operate in a highly efficient and world-class environment for the 21st century,” Jamie Dimon, chairman and CEO of JPMorgan Chase, said in a statement. “We are extremely excited about the building’s state-of-the-art technology, health and wellness amenities and public spaces, among many other features. It is in the best location in one of the world’s greatest cities”
The revamped office space was made to be eco-friendly. The new HQ, according to the company, will be powered by renewable energy sourced from a New York State hydroelectric plant. It will also be New York’s largest all-electric tower with net zero operational emissions.
Additionally, 97 percent of building materials from the demolition site were upcycled, reused or recycled, according to a company statement.
“New York City’s central business districts were hit hard by the pandemic, and restoring their vibrance is an integral part of our blueprint for an equitable economic recovery,” NYC Mayor Eric Adams said in a statement. “This investment by JPMorgan Chase not only reflects their commitment to keeping and growing good jobs in New York City, [but] it will also catalyze additional investment and new office space throughout Midtown East. And by incorporating sustainable design into the building, they are helping our city prepare for and mitigate the impacts of climate change.”
Alongside launching the new office, JPMorgan will be investing in improving New York’s infrastructure and transit system.
The new building is expected to be completed by the end of 2025 and will replace JPMorgan’s outdated facility which holds just 3,500 employees.
