US EditionJPMorgan to build huge new tower in London's Canary Wharf
JPMorgan's new tower in Canary Wharf will house 12,000 employees and is expected to add nearly £10 billion to the local economy over six years, subject to planning approval.
- On Thursday, JPMorgan announced plans to build a three million square foot tower in the Canary Wharf financial district in East London, with costs likely over 3 billion.
- JPMorganChase said the move reflects a lasting commitment to London, and Jamie Dimon noted that the UK government’s growth focus influenced the decision.
- Canary Wharf Group is acting as co-developer, with JPMorganChase saying the project will contribute almost £10 billion to the local economy over six years and create 7,800 jobs.
- JPMorganChase will retain its existing 25 Bank Street building while the new tower is built, and local leaders welcomed plans for a new riverside park and shared community space.
- JPMorganChase's scheme — set to be London's largest office — underscores its UK footprint of 23,000 employees and a nearly 7.5 billion annual contribution to the economy.
44 Articles
44 Articles
Most American bank recently opened its new global headquarters in New York
JP Morgan to build massive new HQ in London’s Canary Wharf
JP Morgan will build a huge new tower in the Canary Wharf financial district in east London, the US banking giant said yesterday, investing billions of pounds in Britain on the heels of a UK budget that sought to boost growth.
JPMorgan to build 3 million-square-foot, multibillion dollar tower in London’s Canary Wharf
JPMorgan Chase will build a tower in London's Canary Wharf financial district, unveiling plans on Thursday to invest billions of pounds on the heels of a budget that sought to boost Britain's finances and growth.
JPMorgan's London Megatower: How It Ranks in Europe
JPMorgan, the largest bank on Wall Street, plans to build a 3-million-square-foot tower in London’s Canary Wharf financial district. The specific design and height of the tower are still undecided. In comparison, several other major buildings in Europe have notable sizes. The COEUR DEFENSE office complex in Paris has about 3.8 million square feet across […] The post JPMorgan’s London Megatower: How It Ranks in Europe appeared first on Modern Dip…
Coverage Details
Bias Distribution
- 45% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
