JPMorgan Chase (NYSE: JPM) has expanded the size of its San Francisco regional headquarters office.
The San Francisco Standard reports the bank will lease an additional 65,000 square feet at 560 Mission Street, the 31-story tower also known as the JPMorgan Chase Building. This will expand its total occupancy within the building to 280,000 square feet.
Renderings of the newly leased space show a mix of business and pleasure – a coffee bar/living room lobby, a work club that can double as an events space, and a fitness center with a yoga studio.
The new commitment for a larger office setting signals a turnaround for the company. Last year, CEO Jamie Dimon offered sharp remarks on the deteriorating quality of life in San Francisco. Today, company is a founding member of the new Partnership for SF, a dues-paying organization founded by the recently inaugurated Mayor Daniel Lurie that brings together prominent executives to strategize on improving the city’s business environment.
