Jamie Dimon, CEO of JPMorgan Chase, spared no effort to get bank employees back to the office — and to encourage them to stay late.
The bank’s new $3 billion skyscraper on Park Ave in Midtown Manhattan, New York, is packed with amenities designed to make full-time office workers actually want to come back, including 19 restaurants and a variety of coffee shops from which they can order delivery on a building-specific app.
Also read:
Take your business to the next level with the country’s top entrepreneurs!
The new 60-story headquarters can accommodate 10,000 employees. The tower is also equipped with a gym, a company store and biometric access — and is open all hours of the day.
David Arena, the bank’s global head of corporate real estate, told CNBC that the new headquarters will serve as a model for the bank’s future global offices around the world. “We try to future-proof the building,” he said.
Architect Norman Foster, whose previous work includes Apple’s California headquarters and the Hearst Tower in Manhattan, said the project could surpass his previous designs.
Continues after advertising
He told The Wall Street Journal last week: “In terms of leisure, entertainment, lifestyle, I would say that every level of this tower pushes those limits further than anything we’ve done before.”
On-site dining options range from Morgan’s, an English pub, to a Michelin-starred vegan restaurant and a coffee shop serving protein shakes in a retro Airstream trailer, according to CNBC.
The tower has 50% more leisure and wellness space than any previous JPMorgan property, Arena said.
The six-year reconstruction of JPMorgan’s headquarters exemplifies Dimon’s push for in-person collaboration, which he believes is essential to the creativity and development of young workers.
Dimon told The Journal that he and other executives were closely involved in the building’s design process. Arena described Dimon as the building’s “master architect.”
As a vocal advocate of in-office work over remote work, Dimon has led the renovation of 125,000 JPMorgan workspaces around the world over the past five years, with plans for 75,000 more.
Continues after advertising
The new headquarters, according to Dimon, sets the gold standard. “We think of the building as a recruiting tool,” Arena told CNBC.
“A workplace needs to be a destination, it needs to be worth the commute. It needs to provide an elevated experience for employees, customers and visitors.”
2025 Fortune Media IP Limited
