Bank of America issued permit for Building 500 renovations

The North Carolina-based financial institution continues to upgrade its campus near The Avenues mall.


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  • | 10:36 a.m. July 25, 2024
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Bank of America is renovating its five-building Jacksonville Operations Center at 9000 Southside Blvd. near The Avenues mall.
Bank of America is renovating its five-building Jacksonville Operations Center at 9000 Southside Blvd. near The Avenues mall.
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Bank of America continues to make progress on renovating its Jacksonville Operations Center near The Avenues mall.

The city issued a permit July 24 for the first-floor renovation of Building 500 at 9000 Southside Blvd.

Building 500 is two stories. The renovation is for 29,818 square feet of the 68,012-square-foot first floor.

Auld & White Constructors LLC is the contractor for the $5.33 million project.

North Carolina-based Bank of America has been working on a $200 million investment to update its campus.

Bank of America is renovating its Jacksonville Operations Center near The Avenues mall.

Bank of America said in October 2021 it will renovate and update 800,000 square feet of space it leases among five buildings in phases over several years.

Marand Builders Inc. and Auld & White Constructors LLC are handling renovations.

The operations center houses part of the bank’s customer contact operations call center and technology-operations support.

As of year-end 2023, Bank of America anticipated completion of the projects over the next two years.

Bank of America essentially has occupied the space since the structures were built in 1989 for Barnett Banks Inc. Jacksonville-based Barnett merged into Bank of America. 

The entire 9000 Southside Blvd. office campus has expanded to almost 1.24 million square feet of space.

Investors bought the property and then sold the five buildings now leased by Bank of America to New York City-based Ladder Capital Corp. in 2017.

The bank consolidated into those buildings – 200, 300, 400, 500 and 600.

Ladder Capital Finance LLC owns the Bank of America property.

The remaining structures are owned and leased to other users.


 

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