The sponsor made the announcement Thursday.
The 33-year-old event, which has been held at the Manhattan Country Club the past 21 years, will be played at the new state-of-the-art 8,000-seat arena from Aug. 4-10 next season, and will be will the second sponsored by Chase.
A multi-year commitment to hold the tournament at the Home Depot Center is in its final stages, according to Chase.
The JP Morgan Chase Open is a WTA Tour Tier II tournament with a 48-player singles draw and a 16-team doubles draw. Prize money in 2002 was a record $585,000.