JPMorgan Chase has announced plans to construct a new three-story office building in Winnetka. The building will feature a cutting-edge private bank facility and a new retail branch for Chase on the ground floor.
The project, located at 791 Elm St., will double the size of the previous building to approximately 35,000 square feet of retail and office space spread across three floors. Construction is expected to be completed by mid-2026.
Jaime Freeman, Head of North Shore for J.P. Morgan Private Bank, expressed excitement about the project: “For over two decades, J.P. Morgan Private Bank has been dedicated to meeting the strategic investing needs of North Shore residents,” said Freeman. “This long-term investment demonstrates our commitment to Winnetka and allows us to expand our team at an excellent location in this thriving region as we help clients achieve their personal wealth goals.”
As one of Chicagoland’s largest employers with over 14,500 employees, JPMorgan Chase’s project is also expected create around 250 local construction jobs during its development phase.
Overall,the rebuilding effort showcases JPMorgan Chase’s continued dedication towards serving both its clients and communities alike through innovative projects like this one in Winnetka.
