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Jax Daily Record Wednesday, May 11, 202210:55 AM EST

City approves $3.1 million build-out for TEA at Riverplace Tower Downtown

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The Energy Authority will move from TIAA Bank Center on the Northbank to new Southbank offices.

The city issued three build-out permits May 10 for TEA to move across the river Downtown from the Northbank TIAA Bank Center to the Southbank Riverplace Tower.

Adams Interior Contractors Inc. is the contractor for the almost $3.1 million project on almost three floors at 1301 Riverplace Blvd.

The project comprises 28,367 square feet on the top three usable floors of the 28-story tower.

TEA will lease part of the 25th floor and the full 26th ad 27th floors, which takes it to the top of the tower.

The Jacksonville-based public power services firm employs 170 people in Jacksonville and 50 near Seattle.

The Energy Authority, which calls itself TEA, provides services for public power companies. 

JEA, Jacksonville’s public utility, is a founding member and one of its seven owners. 

TEA has more than 60 public-power clients that use natural gas, coal, wind, hydro, nuclear, biomass, fuel oil, petroleum coke and landfill gas.

Susan Boggs, vice president of administration and chief people officer, said Nov. 30 that TEA’s lease is expiring at TIAA Bank Center at 301 W. Bay St. after 14 years there and the company will move to take advantage of better lease terms. 

TEA is on the 26th floor at TIAA Bank Center, according to its website and state corporate records.

Boggs said TEA will occupy 2½ floors at Riverplace Tower.

The permits show build-out of 4,114 square feet on the 25th floor at a construction cost of $571,670; 12,053 square feet on the 26th floor at $1.2 million; and 12,200 square feet on the 27th floor at $1.3 million. That totals 28,367 square feet.

The 27th floor previously was used by anchor tenant Ameris Bank, which moved its headquarters from Jacksonville to Atlanta in 2019 and downsized to one floor in Riverplace Tower. 

Ameris occupied the 27th floor after renovating the former private University Club, which closed six years ago.

The 28th floor is a partial space formerly used as a club athletic facility.

Boggs said the leased space remains similar in size to TEA’s current space at about 31,000 square feet, while the new offices will be configured to better support how TEA’s employees work now.

“We will incorporate more collaborative workspaces into our office design and utilize technology to support virtual meetings as well,” she said.

TEA, founded in 1997, previously was in what is now VyStar Tower before relocating to TIAA Bank Center. 

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