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Well business is good for *somebody* at least. Right?
Chase to open new J.P. Morgan Financial Center for million-dollar customers on Michigan Avenue
Chicago Tribune
The remaking of North Michigan Avenue will take another step forward next year with the opening of a new two-story Chase/J.P. Morgan banking center in a former clothing store across from the Water Tower.
The high-traffic retail location at 830 N. Michigan Avenue will feature a Chase branch at street level and a J.P. Morgan Financial Center on the second floor, a new concept being rolled out in select markets to serve affluent clients whose net worth exceeds $1 million.
“This is going to be a marquee location for us,” said Stevie Baron, head of affluent banking at J.P. Morgan. “It’s going to be something very special.”
Expected to open next fall, the 11,000-square-foot banking center is being built out in vacant space previously occupied by Uniqlo, the Japanese clothing company, which left in 2021 amid a pandemic retail exodus along the Magnificent Mile.
...
The high-traffic retail location at 830 N. Michigan Avenue will feature a Chase branch at street level and a J.P. Morgan Financial Center on the second floor, a new concept being rolled out in select markets to serve affluent clients whose net worth exceeds $1 million.
“This is going to be a marquee location for us,” said Stevie Baron, head of affluent banking at J.P. Morgan. “It’s going to be something very special.”
Expected to open next fall, the 11,000-square-foot banking center is being built out in vacant space previously occupied by Uniqlo, the Japanese clothing company, which left in 2021 amid a pandemic retail exodus along the Magnificent Mile.
...