NEW YORK, Oct 21 (Reuters) - As JPMorgan Chase
opens its new 60-story, $3 billion headquarters in Midtown
Manhattan this week, the bank hopes its modern amenities will
help recruit more employees.
The tower can accommodate 10,000 workers and will serve as a
model for the company's future offices worldwide, said David
Arena, the head of global corporate real estate for the largest
U.S. lender.
"We tried to future-proof the building," Arena said.
The new site on Park Avenue will have biometric access and a
building app that allows employees to order food and reserve
meeting rooms. It will also have a drone port for package
deliveries.
Amenities in the new skyscraper include a Michelin-starred
vegan restaurant, a cafe serving protein shakes from an
Airstream trailer and an English-style pub. The tower has 50%
more hospitality space than any previous JPMorgan ( JPM ) property,
Arena said.
The bank has upgraded 125,000 workstations in Bangalore,
Tokyo, Paris and Mexico City in the last five years, with 75,000
more planned over the next five years.
CEO Jamie Dimon has been a prominent advocate of working from
the office rather than at home. The new headquarters, including
revamped workstations, are meant to attract and retain talent.
"We think of the building as a recruitment tool," Arena
said. "A workplace needs to be a destination, it needs to be
commute-worthy. It needs to provide an elevated experience for
employees, for clients and for visitors."
About 97% of the material from the bank's demolished old
building, which stood on the same site, was recycled. The new
structure was built with sustainability in mind, including use
of recycled metals and other materials.
JPMorgan ( JPM ) is one of the largest employers in New York City.
Construction of the headquarters required 8,000 workers and
added $2.6 billion to the city's economy, the bank said last
year.
The building's completion is an important milestone for
Dimon, the longest-serving leader among the nation's biggest
banks. The 69-year-old CEO was deeply involved in the details of
the project, Arena said.
Earlier this year, Dimon said JPMorgan's ( JPM ) succession plans remain
unchanged, reiterating his intention to step down within five
years without giving a more specific timeline.