December 9, 2012 – This time next year, about 350 additional people will be working at 77 West Wacker Drive, the 51-floor office tower at the north edge of the Loop.

Capital One Financial Corporation is opening a new office to house some of its credit card business. The company will sublease about 65,000 square feet of space from United Airlines, which has its headquarters in the building. (Left) 77 West Wacker Drive last July. Photo by Jeremy Woodhouse.

“Chicago is a dynamic city and the space downtown is a perfect fit for our needs,” said Ian Cunningham, a Capital One managing vice president, in a news release on Thursday. “It is a great location that provides us with access to all the resources that the city has to offer – transportation and an experienced and an incredibly talented workforce.”

When the company moves to 77 West Wacker Drive during the last three months of 2013, Chicago will be a primary hub for Capital One’s credit card business in the United States, along with two cities in Virginia. About 1,000 Capital One employees already work in the Chicago area.