A new 12-story headquarters along Riverside Avenue is going vertical, meaning the structure will take shape and add a new presence to the Downtown skyline.
The city issued a permit Oct. 29 for Gilbane Building Co. to build a 12-story headquarters structure above the foundation for Jacksonville-based Fidelity National Information Services Inc. at a job cost of $108.1 million.
Gilbane is constructing the 386,613-square-foot riverfront headquarters on 4.5 acres at 347 Riverside Ave. in the Brooklyn area of Downtown.
The city issued permits June 24 for Gilbane to start construction with the foundations for the building and the parking garage at job costs totaling $39 million.
The city also is reviewing a permit for the parking garage structure above the foundation at a cost of $8.9 million.
Permits show the construction costs total $156 million so far for the foundations and buildings for the office and garage structures.
The 552,693-square-foot parking garage with 1,647 parking spaces will connect to the office tower on the first and second levels with an air-conditioned garage elevator lobby.
The Riverside Avenue side of the garage will have retail space.
Fidelity Information Services LLC bought the property for $14 million from Blue Cross and Blue Shield of Florida Inc, which used it as a parking lot and is building a garage nearby.
FIS now is based at 601 Riverside Ave. The Fortune 500 company bought Cincinnati-based Worldpay for $43 billion and needs more space.
FIS CEO Gary Norcross and Florida Gov. Ron DeSantis announced the headquarters project Nov. 1, almost a year ago.
They said FIS will build a $145 million, 12-story, 300,000-square-foot world headquarters at 323 Riverside Ave. and create 500 jobs and retain the company’s 1,216-employee workforce.
The address, size and job costs have been adjusted.
Plans show Gensler of Tampa as the architect; Hines of Jacksonville as the development manager; and England-Thims & Miller Inc. as the civil engineer.
Lane Gardner, Hines senior managing director, said previously that he expected the project to be completed in June 2022.
The Jacksonville City Council approved a $29.9 million city and state-backed incentives package in September 2019 for FIS, code-named Project Sharp, comprising:
• A $3 million Qualified Target Industry Tax Refund, of which $600,000 is from the city and $2.4 million from the state. The amount is $6,000 per job. FIS will create 500 new jobs, paying an annual average $85,000, at a rate of 50 per year starting in 2020.
• A city Recapture Enhanced Value Grant of up to $23.4 million paid from tax increment district funds by 2043, or 20 years after the improvements are made.
• A $3.5 million city closing grant upon completion of the improvements, which must be at least $130 million.