JPMorgan Chase is expanding in South Florida's booming financial services market.

JPMorgan will double the size of its office footprint at 1450 Brickell Avenue in the heart of Miami's financial district. The bank plans to increase its space in the building from 80K SF to 160K SF over the next two years, adding 400 employees to the current workforce of 500 once the renovation and expansion is complete.

The expansion will include adding meeting and function space to host client and employee events, while the renovation will upgrade work floors and common areas, the bank said in an announcement.

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