There are a few amazing infrastructure projects nearing completion in 2025, and one of them is what’s been called a skyscraper “masterpiece.” Located in the heart of New York City, the world’s richest city, it’s set to become one of the tallest and most advanced office buildings ever built.
The JPMorgan Chase Building will stand 1,388 feet (423 metres) tall, making it more than 100 metres taller than The Shard in London, which reaches 310 metres. Once finished, it will be New York’s largest all-electric skyscraper and will operate with net zero emissions. The total cost of the building is estimated to be around £2.4billion ($3billion).
The skyscraper will become JPMorgan’s new global headquarters, housing up to 14,000 employees across 2.5 million square feet of office space.
It will feature 25% more space per person and 50% more communal space compared to the bank’s old offices.
The building was first revealed in 2022 by architecture firm Foster+Partners, with plans released showing that it would also include a full health and wellness centre, meditation rooms, yoga and cycling studios, and state-of-the-art air filtration systems.
There will also be outdoor terraces, natural plantings, and 30 percent more daylight compared to standard offices.
Jamie Dimon, JPMorgan’s CEO, said at the time: “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.”
Norman Foster, the Founder and Executive Chairman of Foster+Partners, added: “270 Park Avenue is set 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 vital transport infrastructure of the city below.
“The result is an elegant solution where the architecture is the structure, and the structure is the architecture, embracing a new vision that will serve JPMorgan Chase now and well into the future.”
To improve the working environment, the building will include circadian lighting to match people’s natural body clocks, and a fully connected system using over 50,000 smart devices.
Employees will also have access to a high-end food hall featuring 19 restaurants, with some offering table service and meals delivered directly to desks.
The food offering is being developed in partnership with Danny Meyer from Union Square Hospitality.
Designed by Foster+Partners, the building has created more than 8,000 construction jobs during the build and is expected to open by the end of 2025.
Another stunning skyscraper set to be completed soon is Goldin Finance 117.