Boston – JPMorganChase recently announced that it plans to relocate to the newly constructed South Station Tower beginning in early 2028.
As the anchor commercial tenant, JPMorganChase will occupy more than eight floors, accommodating up to 1,000 employees, with plans to add hundreds of new jobs in the coming years. South Station Tower, owned and developed by Hines, in partnership with APG, acting on behalf of its pension fund client ABP, and Dune Real Estate Partners, rises 51 stories and delivers 680,000sf of premier, next-generation office space.
The new space will serve as a hub for JPMorganChase’s continued growth in the region, supporting clients in key sectors such as life sciences, healthcare, technology, robotics, and AI. JPMorganChase’s expansion in Boston includes plans to add more than 300 hundred new jobs over the next several years across all lines of business as well as continuing to open new Chase branches across New England.
“I’m thrilled to welcome JPMorganChase as a new headquarters anchor in our city at South Station Tower,” said Mayor Michelle Wu. “This investment will bring hundreds of new jobs, strengthen our downtown, and reinforce Boston’s standing as a place where global companies choose to invest and grow.”
“We are excited to deepen our roots in Boston and invest in the city’s future,” said Rick MacDonald, New England region manager for Commercial Banking, J.P. Morgan. “The move to South Station Tower represents a new chapter for our firm in Boston and in New England, providing a dynamic environment for our teams and reinforcing our commitment to supporting economic growth and opportunity in the city and across the region.” MacDonald also serves as chair of the New England Market Leadership Team at JPMorganChase—a group of leaders responsible for driving local business growth and supporting community engagement.
“This move will allow us to bring more of our growing team under the same roof,” said Dan Curtin, New England Market manager at J.P. Morgan Private Bank and vice-chair of the New England Market Leadership Team. “We believe South Station Tower will not only enhance our ability to serve clients and attract top talent, but also contribute to the city’s ongoing growth and vibrancy.”
“JPMorganChase has been a trusted partner of Hines for more than four decades, and we are honored to continue that partnership at South Station Tower,” said Sarah Hawkins, head of U.S. East at Hines. “Their commitment underscores the strong demand from top occupiers for highly amenitized, best in class office space with unmatched access to mass transit. South Station Tower is not only delivering an elevated workplace experience, but also playing a significant role in downtown Boston’s continued growth and revitalization.”
