(Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon praised the workers who have spent almost three years building the bank’s new headquarters.
It will be the “best building in the United States and in fact probably the world,” Dimon said Monday at an event to commemorate the raising of the tower’s final steel beam.
JPMorgan announced plans in 2018 to tear down its existing headquarters at 270 Park Ave. and replace it with a modern skyscraper. The building, designed by Foster + Partners, will be 60 stories tall and house about 14,000 employees. It’s set to be completed by the end of 2025.
Dimon, who’s led the biggest US bank for 18 years, signed the final beam Monday, and appeared at the topping-out ceremony with officials including New York Mayor Eric Adams and Governor Kathy Hochul. Each spoke to a crowd of hundreds of iron workers, crane operators, construction workers, JPMorgan leaders and others.
“Your families are going to walk by here and see the beautiful thing you’ve built,” Dimon told the workers.
JPMorgan has said the project will create more than 8,000 construction jobs from 40 local unions during the building stage alone. The steel frame completed Monday has been built over the last three years.
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