How population shifts are reshaping American business, politics, and policy.
When JPMorgan Chase & Co. opened a 6,500-person campus outside Dallas in 2017, it wasn’t chasing cheap rent. The 1 million-square-foot facility allowed the banking giant to consolidate regional offices and unify half of its North Texas workforce under one roof, while capitalizing on the area’s explosive economic and population growth, leveraging significant tax incentives. The bank now employs nearly 30,000 people in Texas, more than in New York State, where its headquarters still sits. The Park Avenue tower isn’t moving; the company’s center of gravity already has.
How population shifts are reshaping American business, politics, and policy.
When JPMorgan Chase & Co. opened a 6,500-person campus outside Dallas in 2017, it wasn’t chasing cheap rent. The 1 million-square-foot facility allowed the banking giant to consolidate regional offices and unify half of its North Texas workforce under one roof, while capitalizing on the area’s explosive economic and population growth, leveraging significant tax incentives. The bank now employs nearly 30,000 people in Texas, more than in New York State, where its headquarters still sits. The Park Avenue tower isn’t moving; the company’s center of gravity already has. Fast Company Impact Council
