Chubb announces plans for Philadelphia office

Chubb announced its plan for a new Philadelphia office that will occupy a building to be constructed at 2000 Arch Street. The new 18-floor, 438,000 rentable square foot structure is being developed in partnership with Parkway Corporation. Construction will commence in February 2023. Chubb, already a significant employer in the city and elsewhere in the Commonwealth with approximately 1,950 jobs, will create at least 1,250 new positions in Philadelphia following the building’s opening in early 2026, making it the company’s largest office in North America. Chubb has committed to creating and retaining a total of 3,200 jobs in Pennsylvania within five years following the opening. During the construction phase, the project will also support hundreds of jobs from local unions.