November 16, 2024 1:26 am
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JPMorgan Chase building big new campus, landing 4,000 jobs in Tempe

 

Chase Tower is the tallest building in Arizona / Wickipedia

By Mike Sunnucks | Phoenix Business Journal

JPMorgan Chase & Co. is developing a big new 67-acre campus in Tempe with plans of eventually locating more 4,000 jobs there.

Chase (NYSE: JPM) will land the big campus at the Discovery Business Campus at Elliot Road and the Loop 101 freeway. The bank will be shifting a number of jobs from the Chase Tower in downtown Phoenix to the new Tempe campus.

Chase will keep some operations in downtown Phoenix. It has 2,000 workers in downtown Phoenix. Chase Tower is the tallest building in the state.

Design and construction planning will start later this year. The first phase of employees moving into the Tempe campus will happen in 2018.

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