JPMorgan Chase today unveiled the design of its new state-of-the-art global headquarters at 270 Park Avenue, furthering its commitment to New York City.
The 1,388-foot/423-meter, 60-story skyscraper – designed by Foster + Partners – will be New York’s tallest all-electric tower with net-zero operational emissions and exceptional indoor air quality that exceeds standards highest in sustainability, health and wellness. It will help define the modern workplace with 21st century infrastructure, smart technology and 2.5 million square feet of flexible, collaborative space that can easily adapt to the future of work.
270 Park Avenue will be New York City’s tallest all-electric skyscraper with net-zero operational emissions and will be powered by 100% renewable energy from a New York State hydroelectric facility . JPMorgan Chase New World Headquarters building in New York.
The project is the first under New York’s innovative Midtown East rezoning plan, which encourages the construction of modern office buildings and improvements to the business district’s public realm and transportation.
Norman Foster, Founder and Executive Chairman of Foster + Partners, said, “270 Park Avenue is poised to be a new landmark that responds to its historic location as well as the legacy of JPMorgan Chase in New York. The unique design rises to the challenge of respecting the rhythm and distinctive streetscape of Park Avenue, while accommodating the city’s vital transportation infrastructure below. The result is an elegant solution where architecture is structure, and structure is architecture, embracing a new vision that will serve JPMorgan Chase now and in the future.
Jamie Dimon, Chairman and CEO of JPMorgan Chase added, “With our new headquarters, JPMorgan Chase is making a long-term investment in our business and the future of New York City while ensuring that we operate in a highly efficient, world-class environment. for the 21st century. 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’s in the best location in one of the greatest cities in the world.”
The new building will house up to 14,000 employees – replacing an outdated facility designed in the late 1950s for around 3,500 employees. It will provide 2.5 times the outdoor space on the ground floor of Park and Madison Avenues, with wider sidewalks and a large public square on Madison Avenue with natural green spaces and other amenities for residents, to workers and visitors who frequent the neighborhood on a daily basis.
The concept for the new design was to create a timeless addition to Park Avenue that celebrates the city’s iconic architectural history and serves as a powerful new symbol for the next generation of office towers in New York. Using a state-of-the-art structural system to negotiate site constraints below and at ground level, the innovative fan column structure and triangular bracing allows the building to lightly touch the ground across the entire block. By raising the building approximately 80 feet/24 meters off the ground, it extends the view from the Park Avenue entrance to Madison Avenue.
Nigel Dancey, Head of Studio, Foster + Partners said: “The designs for 270 Park Avenue are the result of an intense process, where architects, designers and specialist teams – in London and New York – worked closely working with JP Morgan to understand the way they work, ensuring designs embody the true spirit of innovation that is at the heart of everything they do. Sustainability is at the heart of the project, with work spaces flooded with daylight and fresh air, incorporating biophilic elements and materials to enhance well-being. As a team, we sought to question and reassess every aspect of the design to create an ambitious future workplace vision for JP Morgan.
270 Park will be the tallest all-electric skyscraper in New York City with net-zero operational emissions and will be powered by 100% renewable energy from a New York State hydroelectric facility.
In addition to operating with net-zero carbon emissions, the building will use state-of-the-art building technology and systems to ensure it operates as efficiently as possible, including:
• Smart building technology that uses sensors, AI and machine learning systems to predict, respond to and adapt to energy needs.
• Advanced water storage and reuse systems to reduce water consumption by more than 40%.
• Triple glazing on the facade and automatic sunshades connected to HVAC systems for greater energy efficiency.
• Outdoor terraces with natural green spaces and plantations.
The project also recycled, reused or recycled 97% of building materials from demolition, far exceeding the 75% requirement of the leading green building standard.
Defining the modern workplace with flexible design focused on health, wellness and hospitality
JPMorgan Chase is teaming up with experts including Harvard University’s Healthy Buildings program director Dr. Joseph Allen, wellness expert Dr. Deepak Chopra and Danny Meyer of Union Square Hospitality Group to create an experience world-class wellness and hospitality for employees, customers and visitors. by:
• Double the amount of outdoor fresh air and continuously monitor air quality to improve employee health and general well-being.
• Use of advanced HVAC filtration systems to continuously clean outdoor air as it enters the building, while simultaneously cleaning recirculated air.
• Design 50% more common spaces and 25% more volume of space per person, providing more choice in where and how to work. Columnless flexible floor plates will allow the space to easily change floor layout and design, including inter-floor connections.
• Provide a state-of-the-art health and wellness center that will include fitness spaces, yoga/cycling rooms, physiotherapy, medical services, modern rooms for mothers, and prayer and meditation spaces.
• Design a large, modern food hall with diverse food operators and healthy menus as well as a world-class conference center at the top of the 60-story tower offering stunning city views and dynamic events for customers and attendees. employees.
• Create a touchless journey for employees and visitors with more than 50,000 connected devices that will make it the most connected and data-driven skyscraper in New York.
• Bringing nature indoors through biophilic design, including extensive use of natural plants and healthier furniture and building materials.
• Provide 30% more daylight than a typical developer-led speculative office building and use circadian lighting to minimize the effects of electric light and promote a healthier indoor environment.
Joseph Allen, Associate Professor and Director of the Healthy Buildings Program at Harvard TH Chan School of Public Health, and CEO of 9 Foundations, said, “Designed with a mindset of health in all aspects, this project proves that you can have both excellent indoor air quality for occupants, while meeting sustainability goals that improve community health by reducing impacts on the planet,” said “This building sets new standards of excellence for healthy building in New York and around the world.
Vishaan Chakrabarti, Project Design Collaborator and Founder of the Architecture and Urban Planning practice added, “The new 270 Park will earn its place among Manhattan’s revered Jazz Age skyscrapers. It’s a gift to our skyline and our streets, with a monumental axis connecting Park and Madison Avenues, graceful and durable materials, generous public spaces and sidewalks, and strong connections to Grand Central Station. JPMorgan Chase’s new headquarters is a prime example of New York’s resilience and rebirth.