Bank of America adding almost $25 million parking garage at Southside campus

The city issued a permit Nov. 30 for Gilbane to build the six-level, 1,447-space structure.


A rendering of the proposed Bank of America parking garage at the Southside campus.
A rendering of the proposed Bank of America parking garage at the Southside campus.
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Bank of America employees at the company’s Southside Boulevard campus will soon see construction of a six-tier, 1,447-space parking garage that is being built at a job cost of $24.66 million.

The city issued a permit Nov. 30 for Gilbane Building Co. to construct the 383,565-square-foot garage at 9000 Southside Blvd., where Bank of America has an operations center.

Gilbane will build the project on the northernmost parking lot at the Gramercy Woods business park.

Bullock Tice Associates of Pensacola is the architect. Matthews Design Group of St. Augustine is the civil engineer. Ladder Capital Finance LLC owns the property.

Bank of America Senior Vice President of Corporate Communications Christopher Feeney said construction is anticipated to be completed in the third quarter of 2024.

He said several thousand people are working at the operations center.

They now park on surface parking at Building 600 and additional parking is available via shuttle from Garage 1002 on the south end of the campus.

A satellite image of the northernmost parking lot at the Gramercy Woods business park where a parking garage is planned. To the east is Southside Boulevard. To the west is Interstate 95.
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The garage is part of Bank of America’s $200 million investment in the campus.

“We are pleased with the progress of our $200 million renovation project underway at our Jacksonville Campus on Southside Boulevard,” said Mark Bennett, president of Bank of America, Jacksonville, in a statement May 9.

“The addition of a covered parking facility will be another welcomed amenity for our employees and again demonstrates our commitment to the Jacksonville community as we make Bank of America a great place to work,” he said.

North Carolina-based Bank of America has been working on renovating its Jacksonville Operations Center at the campus. 

It said in October 2021 it will renovate and update the 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.

With the new garage and remaining interior renovations on the campus, Bank of America anticipates completion over the next two years.

Bank of America essentially has occupied the space since the structures were built in 1989 for Barnett Banks. 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.

The remaining structures are owned and leased to other users.



 

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