Chase Tower is a 60-story skyscraper in The Loop community area of Chicago, Illinois, United States.
Completed in 1969, it is located at 10 South Dearborn Street. At 850 feet (259 m) tall, it is the fourteenth-tallest building in Chicago and the tallest building inside the Chicago 'L' Loop elevated tracks, and, as of May 2022, the 66th-tallest in the United States. JPMorgan Chase has its U.S. and Canada commercial and retail banking headquarters here.[6] The building is also the headquarters of Exelon.[7] The building and its plaza (known as Exelon Plaza) occupy the entire block bounded by Clark, Dearborn, Madison, and Monroe streets.
History
Before the building was constructed, the Morrison Hotel, on its former site, was demolished in 1965. The tower was developed as part of a broader initiative to modernize Chicago’s financial district in the post-war era and consolidate the operations of the First National Bank of Chicago into a contemporary headquarters complex. It first opened in 1969 as First National Plaza, serving as the headquarters of First Chicago Corporation