Demolition has begun for JP Morgan Chase‘s 52-story former headquarters at 270 Park Avenue, which was once known as the Union Carbide Building. The financial titan is razing the 707-foot-tall mid-century skyscraper to make way for a massive 1,425-foot-tall, 2.5-million-square-foot supertall that will be among the tallest structures in New York City.
270 Park Avenue
Demolition work is continuing at 270 Park Avenue, where JP Morgan Chase is tearing down its current 707-foot-tall headquarters to construct a new 1,425-foot-tall, 2.5-million-square-foot home. Designed by Foster + Partners, the future Midtown East supertall is the fifth-tallest project underway in New York City.
Last month, YIMBY posted the first look at plans and renderings for 270 Park Avenue, which will become the future headquarters for JPMorgan Chase. The structural behemoth will become one of the largest office buildings in the Five Boroughs upon completion, totaling 2.5 million square feet and rising approximately 1,425 feet to its pinnacle. Today, we have another look at the project thanks to visualization firm ATCHAIN. While this image is the most refined of what has been revealed to date, differences in the silhouette between this version and the one leaked in a JPMorgan Chase report accompanying YIMBY’s last post indicate that this specific version could already be outdated relative to the previous reveal.
A new set of unofficial renderings by Siniaevart illustrate evening views of 270 Park Avenue in Midtown East. The JPMorgan Chase headquarters is expected to top out in excess of 1,400 feet above ground, introducing a dominating new form to the Manhattan skyline.
Work to prepare 270 Park Avenue for its demolition is continuing in Midtown East. Since YIMBY’s last update in late July, more scaffolding and netting have been installed on the lower section of the Modernist-style skyscraper. JPMorgan Chase is the developer of the project to tear down the 1.5-million-square-foot, 52-story tower and replace it with a 57-story supertall designed by Foster + Partners Architects, with Adamson Associates as the architect of record.