JP Morgan Chase announces major investment for Chicago's Chase Tower in Loop

CHICAGO (WLS) -- JPMorgan Chase unveiled its plans for a major investment in Chicago's Chase Tower during a news conference Monday afternoon.

The investment will impact more than 7,000 employees who work in the downtown Chicago tower, according to a press release.

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Mayor Brandon Johnson joined JPMorgan Chase Commercial Banking CEO Doug Petno for the announcement.

The investment will impact more than 7,000 employees who work in the downtown Chicago tower, according to a press release.

The 60-story tower at 10 S. Dearborn St. first opened in 1969.

The changes aim to better connect the building with the massive outdoor plaza and create a modern work environment.

JP Morgan Chase is one of Chicago's largest employers.