JPMorgan Chase is hitching its barnacle to in-office work with plans for a 60-story international headquarters at 270 Park Avenue in Midtown East. Its wedding ceremony cake form references basic New York tall buildings, whereas the shiny diagrid facade screams boom-and-bust Eighties.
Whereas the venture was first introduced in 2018, nicely earlier than COVID, renderings and extra details about the design have been simply launched at this time. Foster + Companions is collaborating with Vishaan Chakrabarti’s Follow for Structure and Urbanism (PAU) on the venture. Tishman Speyer is the developer.
The financial institution’s HQ replaces the Union Carbide Constructing, a 708-foot-tall Worldwide Model skyscraper by Gordon Bunshaft and Natalie de Blois that was demolished starting in 2019 to make means for the JPMorgan Chase constructing. Whereas many preservationists and designers have been troubled by the lack of a major trendy constructing and the waste engendered by such a big demolition, others, together with our very personal former AN govt editor Matt Shaw, argued that the Union Carbide Constructing was fairly mediocre and needs to be torn down. (A press launch touting the brand new 270 Park Avenue’s efficiency bona fides echoed Shaw’s evaluation in its characterization of the three,500-capacity workplace as an “outdated facility.”)
“The distinctive design rises to the problem of respecting the rhythm and distinctive streetscape of Park Avenue, whereas accommodating the important transport infrastructure of the town beneath,” mentioned Norman Foster, founding principal of Foster + Companions, in an announcement. “The result’s a chic resolution the place the structure is the construction, and the construction is the structure, embracing a brand new imaginative and prescient that may serve JPMorgan Chase now and nicely into the long run.”
To enhance the banker workstations above, the two.5-million-square-foot venture will carry wider sidewalks to Park and Madison Avenues in addition to a public plaza on Madison. A meals corridor, top-floor convention heart, yoga rooms, and different wellness facilities spherical out this system.
Triangular bracing on the base, in addition to a glass-encased 80-foot-high floor ground, floats the practically 1,400-foot-tall constructing above the sidewalk. The in depth glazing will doubtless contribute to Manhattan skyscrapers’ genocide of migratory birds, however if you’re not a fowl, it is possible for you to to see by the block to the constructing entrances on the avenues.
So far as efficiency and vitality effectivity, Foster + Companions’ press launch claims the constructing will likely be 100% electric-powered with internet zero emissions, with 100% of its vitality sourced from a New York State hydroelectric plant. And in a nod to an elevated consciousness round airborne sickness, the venture’s HVAC system will double the quantity of outdoor air cycled by the constructing.
Development is anticipated to wrap in 2025.
Notably for our city planning fans on the market, the skyscraper would be the first constructed beneath the town’s Midtown East Rezoning, a plan that’s meant to spur growth of sophistication A workplace area. As a part of the event deal, JPMorgan Chase is kicking cash in direction of the Metropolitan Transportation Authority (MTA) to assist pay for transit and infrastructure.