How J.P. Morgan Elevated Tenants, Retail, and Beyond with HqO’s Public-Facing App
J.P. Morgan’s Spitalfields Market
Results seen with HqO
Users have engaged heavily with events information and COVID safety/re-opening information
In a post-pandemic world, addressing concerns in the key areas of communication, safety, logistics, and health — through capabilities such as building updates and virtually-activated amenities — has shifted from a nice-to-have to a need-to-have.
Therefore, commercial real estate (CRE) landlords have been seeking tools to achieve customizable, end-to-end solutions for their properties. They’ve also been rekindling connections with their end users, in order to better understand tenants and their specific needs.
At London’s coveted Spitalfields Market, landlord J.P. Morgan wanted to create safer — and more engaging — physical and digital opportunities for their tenants and visitors. Additionally, to adapt to modern health concerns and improve the overall experience, the global landlord knew the following were key to their success: re-opening their office space and market post-lockdown, providing information on COVID-19 safety measures, granting Spitalfields Market’s office occupiers access to the market and its traders and deals, and elevating their sustainability initiatives.
In order to supplement their on-site amenities in ways that reduced congestion and created more touchless experiences, J.P. Morgan knew that capabilities such as order ahead were paramount to their success. They also sought to lend a voice to their retailers, while strengthening their relationship with office tenants through exclusive access to the marketplace, creative deals, and more.
Spitalfields has been the site of a marketplace in East London for over 350 years, serving as one of the oldest attractions to its surrounding communities; traders have been operating on the site as it stands today since 1666. Though Spitalfields Market is a well-known venue, the scale of the office space located at Bishops Square is significantly less known; thus, caring for the number of people who work there on a daily basis — in addition to Spitalfields’ visitors — remains a key consideration for J.P. Morgan and the on-site property team. The market itself provides a lively scene for food, fashion, art, music, and events. Open seven days a week and adjacent to nearby Liverpool Street Station, its availability, proximity to the city, and long-standing history of supporting diverse traders and artists make it a destination for all of London.
“Engagement with the occupiers of our spaces has always been important to us. Appointing HqO has enhanced our reach to all occupiers in ways we never thought possible. The ability to understand the needs of all tenant groups and give a voice to the retailers has been critical to us this year more so than ever. The feedback the HqO platform provides us and our ability to respond instantly has become a game changer.”
— Paul Harris, Vice President
Global Real Assets, Real Estate Europe at J.P. Morgan
The Tenant Experience Challenge
J.P. Morgan knew that the heart of their busy market location was its independent retailers; therefore they sought to give them a voice while elevating the overall experience for both tenants and Spitalfields’ many visitors — at peak times, the market can see nearly 300,000 people per week. Since the food trucks at Spitalfields Market have always been a crowd favorite for both the public and office workers, J.P. Morgan knew that reducing congestion in such a populated area would be a good place to start. The COVID-19 pandemic further accelerated this need, prompting for more touchless ways of ordering, paying, and collecting food.
As one of the world’s leading landlords, J.P. Morgan was already familiar with tenant experience technologies — they just needed to find the right, reliable partner and provider. After meeting with HqO, their Asset Management team was able to identify opportunities within the J.P. Morgan portfolio where HqO could truly make a difference. They were also able to discover synergies between HqO projects in the United States, such as Chelsea Market in Manhattan, and their own London-based equivalent at Spitalfields. Taking their vision one step further, they sought a public-facing version of the product to help out retailers suffering from the negative industry impacts of the pandemic.
“Our desires went beyond the need to connect with just our occupiers and retailers, conscious of the high volumes of public visitors we welcome to the market. Once we’d seen the value in the platform, we worked with HqO to further develop a publicly available version of the app. Our visitors are now more connected and we love that they can order from the food trucks to avoid queues.”
— Paul Harris, Vice President
Global Real Assets, Real Estate Europe at J.P. Morgan
Activating Endless Possibilities
After working closely with HqO’s tenant experience team, Spitalfields became the first building in the United Kingdom to provide order ahead capabilities to a public audience. In July 2020, J.P. Morgan launched the HqO Tenant Experience Platform exclusively for its office users, in order to maximize engagement with Spitalfields tenants and to test drive the app. This was especially important, since the Spitalfields Tenant Experience Platform was to serve as the first public-facing app for the HqO platform.
The following month, they successfully released the app to the general public with specific, retail-focused branding. As part of this initiative, mobile ordering is now in place for a number of the food trucks on Lamb Street, including: Mr. Bombay, Ebby’s Kitchen, Smokoloko, The Coop, and Rainbo. Some key benefits of this feature include the ability to browse menus at leisure, avoid queues, pay via contactless methods such as Apple and Google Pay, and save time by receiving live order updates directly to one’s phone.
“This is a very good initiative from Spitalfields Market and will help a lot promoting our businesses in these difficult times!”
— Ábia Viziolo, Co-owner
Smokoloko / The Coop Foodtrucks, Spitalfields
J.P. Morgan achieved their goals of elevating the tenant and visitor experience by activating on-site retail and keeping their end users connected to Spitalfields in an otherwise uncertain time. Notable wins since the public-facing launch include:
• Currently, three of the top five pieces of most engaged with content include order ahead options, the other two are in-app offers
• Five of the top ten pieces of content are food and beverage (F&B) offers
• Users have engaged heavily with events information and COVID safety/re-opening information
Six Tenant Experience Highlights
Discounts for Sustainability
Tenants and visitors benefit from a 10% discount from all participating street food vendors when they bring their own reusable containers
Special In-app Offers
HqO worked with a number of the on-site retail and food and beverage vendors to curate exclusive in-app deals. This helps promote the available stores while also encouraging visitors to engage with the retailers
Communicating Key Information
With the app available to download to the public, it’s a direct and effective means of communicating key information. Spitalfields has used this to share their COVID-safe information, re-opening details, and more.
Access to Commuter Options
The transit screen integration allows for users to effectively plan their best route to and from the market by offering live local transport information, which is geolocated to the market. The screen can also list the nearest Santander bikes, docking stations, and the number of bikes available at each station. This supports the increased number of cyclist commuters in central London, and prompts safe, sustainable commuting.
A directory is available for app users to browse the retail and food and beverage vendors available onsite,including deals and offers. Each company profile includes company information, where to access them on site, and a link to their website.
An events calendar in the app communicates and facilitates the booking of events that are being hosted on-site, such as Spitalfields’ Arts Market, Christmas lights, and Christmas Markets. This feature has also been leveraged to communicate the re-opening of the market and their events post-pandemic.