JPMorgan Chase confirm new 270,000sq/ft Glasgow HQ
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September 17 2019
US banking giant JPMorgan Chase has marked its 20th anniversary in Glasgow with confirmation that it intends to relocate staff to a new Argyle Street HQ from 2022 to accommodate an increase in headcount from around 2,000 to 2,700.
Approved just last month the 270,000sq/ft building has been designed by Cooper Cromar to provide 13 levels of Grade A open plan office space while targeting a BREEAM ‘Excellent’ rating.
Confirmation that the bank intends to lease the full building from Osborne & Co will allow the firm to unite staff currently spread across two separate properties while also giving it the room it needs to undertake further expansion.
Council leader Susan Aitken remarked: “We are hugely encouraged by the impressive scale of JPMorgan Chase’s new Glasgow office which offers significant scope for further expansion of its workforce in the city, creating new jobs for our residents, while regenerating a key city-centre site.”
Construction of the new HQ, which will include 350 cycle spaces and just 12 parking bays, is expected to begin in the first quarter of 2020.
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