Deutsche Bank creating more space for CB&S


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  • | 12:00 p.m. April 15, 2014
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While Deutsche Bank is reviewing sites to consolidate its expanding operations into a campus, it continues to upgrade its offices at Meridian Business Park in Southside, this time with renovations of $160,000.

The global financial services company wants to create space for additional workstations for its Corporate Banking & Securities division in Building 200, at a project cost of $100,000, and to install a new interior storefront and glass at existing offices in Building 400 at a cost of $60,000.

Building permit applications list Gilbane Building Co. as the contractor for both.

The permit application indicates about 19,000 square feet of space on one floor in Building 200 would be altered. Industry standards indicate that space could accommodate 100 or more people, depending on the layout.

The application appears to be related to a Deutsche Bank filing late last year for more jobs with the CB&S division. A Deutsche Bank spokeswoman said Monday the bank declined to comment.

The Daily Record reported Dec. 26 that Deutsche Bank was creating an international administrative office that could create up to 200 jobs, according to an application filed with the Florida Office of Financial Regulation. The office approved the application March 27.

Deutsche Bank said in its application that it wants to create the expanded business for its securities-related products and services.

Michael Drexler, managing director and head of Corporate Banking and Securities Florida, and Michael Iannella, director and COO for Corporate Banking and Securities Florida, were listed in the application as the people in charge of the business and affairs of the international administrative office.

The filing stated that while the company could not commit to a specific number of new jobs, it indicated about 200 additional private sector employees at an anticipated average salary of $62,000.

The filing stated that the company would benefit by having about a 50 percent cost savings compared to conducting the same activities at the bank’s New York office. It also would be able to build stronger relationships with “lower touch” clients and engage new ones, with a goal of capturing market share and diversifying its human resources pool.

Corporate Banking and Securities is a global division of Deutsche Bank consisting of Deutsche Bank’s Markets and Corporate Finance divisions and serves corporations, governments and institutions.

Deutsche Bank leases most of the five-building Meridian Business Park at 5022 Gate Parkway and also uses space in nearby Butler Plaza, totaling more than 300,000 square feet of space.

CMG plans Westside treatment center

The city is reviewing a building permit for a CMG — Colonial Management Group LP — Treatment Center in West Jacksonville at the Norco Executive Office Center at 590 Ellis Road S., just north of Interstate 10.

B.L. Woods Construction Inc. is the contractor for the $402,800 interior demolition to accommodate tenant build-out for the center.

Plans show 14 counseling rooms, nurse and physician offices, and group, break and conference rooms, along with other space.

The methadonetreatment.com site describes Colonial Management Group as an organization of 57 private outpatient substance abuse treatment clinics that have been treating opiate dependence since 1986.

The Orlando-based company’s Florida locations include a Jacksonville methadone treatment center at 4427 Emerson St. and in St. Augustine at 3574 U.S. 1 S.

CMG operates as outpatient clinics for people addicted to the opioid class of drugs, including prescription pain medications and heroin.

Demolition OK’d for Ernie Palmer redevelopment

Ernie Palmer Toyota landed city approval Monday for demolition at its West Jacksonville dealership toward an estimated $7 million redevelopment.

R.L. Haines Construction LLC is the contractor for the $52,000 demolition at 1290 Cassat Ave. The property being demolished includes 22,488 square feet of space.

The Ernie Palmer Toyota dealership property is at 1290 and 1310 Cassat Ave.

The used-car operation at 1290 Cassat Ave. will be demolished and the site rebuilt as a 43,000-square-foot structure.

It will offer new and used cars, parts, service and Toyota Rent-A-Car and also a renovated detail shop of about 7,000 square feet.

The existing Ernie Palmer Toyota new-car dealership at 1310 Cassat Ave. then will be demolished and the site will become a parking lot to store vehicle inventory.

Wekiva Springs to expand

The St. Johns River Water Management District is reviewing plans for the Wekiva Springs behavioral health hospital to add 52 beds at its Southside campus.

The application describes the project as a 52-bed hospital expansion, a new outpatient building and additional parking along with the associated stormwater system.

Construction plans were prepared for Universal Health Services. Harvard Jolly Architecture of Tampa is the architect and Kimley-Horn and Associates Inc. is the civil engineer.

Wekiva Springs is at 3947 Salisbury Road in the Southpoint area. The Wekiva Springs expansion is next to it at 6575 Charing St.

Wekiva Springs provides specialized mental health and treatment programs for men and women of all ages who “are struggling with addictions, eating disorders and mental health conditions such as depression and anxiety on an inpatient basis.” It offers gender-specific settings.

For more information, visit wekivacenter.com.

Greencore USA to hold 2nd job fair this week

Greencore USA plans another job fair this week, from 9 a.m.-2 p.m. Wednesday and Thursday at CareerSource Northeast Florida at 215 N. Market St. Downtown.

This week, Greencore is recruiting for production team leads, production line workers, demand planner/scheduler, machine operators, and sanitation supervisor, assistant leads and workers.

The company says it is offering full-time positions based on a four-day week pattern and for two shifts.

The company, which makes sandwiches and salads for the convenience and supermarket industries, is recruiting more than 200 employees. Its warehouse and production facility is in North Jacksonville at Jacksonville International Tradeport.

It held a job fair two weeks ago.

Applicants should bring a resume. Those unable to attend can email [email protected].

Visit employflorida.com for more information.

City Council approved an incentives agreement in which Greencore will create 283 jobs and invest in a $10 million expansion. The company makes sushi, sandwiches, salads and other ready-to-eat and ready-to cook-entrees for retailers like 7-Eleven, Trader Joe’s and Publix Super Markets Inc.

The $296,500 deal involves a $155,000 Recapture Enhanced Value grant paid out over seven years and $141,500 from the city’s Countywide Economic Development Fund.

Servantage Dixie Sales hiring

Servantage Dixie Sales is hiring seasonal warehouse associates starting this month and possibly throughout the summer until September.

The company, which distributes original equipment replacement parts and accessories for the outdoor power equipment industry, recently opened in the Westside Industrial Park. Applicants can apply online at servantage.net/careers.

[email protected]

@MathisKb

(904) 356-2466

 

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