JPMorgan Chase Expands in South Florida

JPMorgan Chase unveiled renovation and expansion plans for its Brickell office location in Downtown Miami, and announced it is opening a 13,000 square foot office in West Palm Beach, reinforcing the firm’s commitment to South Florida as one of its key strategic regions in the country. The firm’s expansion of its South Florida footprint is expected to trigger an average of $151 million in additional economic activity for South Florida and support about 380 local construction jobs per year during the construction period. The firm’s downtown Miami office will double in size from 80,000 square feet to 160,000 square feet in part to accommodate 400 additional employees. The office currently includes more than 500 employees across all of JPMorgan Chase’s lines of business and functions. The two-year project will also renovate and expand the firm’s Miami Client Center to create a world-class meeting and function space to host client and employee events.