Plans continue to surface for JPMorgan Chase in Jacksonville and Northeast Florida, where regulatory and permitting applications show the bank plans to open at least nine banking offices and at least 10 separate ATMs.
Considering filings have been made regularly, it wouldn't be surprising to see more.
Chase representatives still decline comment.
Over the past week, the eighth, ninth and 10th ATM projects surfaced in applications with the St. Johns River Water Management District for locations at 8 Blanding Blvd. in the Gates of Orange Park, at 2140 Park Ave. in the Gates of Park Avenue and along County Road 210 West in Southlake Plaza in St. Augustine.
Almond Engineering is the agent.
The seven ATM locations already identified are at Roosevelt Marketplace, 4261 Roosevelt Blvd.; St. Johns Square, 11240 Beach Blvd.; Regency Plaza, 9840 Atlantic Blvd.; Shoppes of San Jose, 2777 University Blvd. W.; Southside Square, 9051 Southside Blvd.; Baymeadows Plaza, 3832 Baymeadows Way; and Oakleaf Town Center, 9525 Crosshill Blvd.
Also, JPMorgan Chase has filed applications with the U.S. Office of the Comptroller of the Currency to open nine bank branches in the Jacksonville area, confirming some of the plans found in other regulatory filings.
In filings during April with the Comptroller of the Currency, JPMorgan Chase applied to open these branches:
• Beach & Hodges Banking Center at 13520 Beach Blvd.
• San Juan and Roosevelt Banking Center at San Juan and Roosevelt boulevards
• University and San Jose Banking Center at 6012 San Jose Blvd.
• San Jose and Mandarin Banking Center at San Jose Boulevard and Mandarin Road
• San Marco Banking Center at Atlantic Boulevard and Hendricks Avenue.
• Southside & Touchton Banking Center at 4372 Southside Blvd.
• Riverside & Margaret Banking Center at Riverside Avenue and Margaret Street
• Marlin & A1A Banking Center in Ponte Vedra in St. Johns County at Marlin Avenue and Florida A1A
• Racetrack & SR 13 Banking Center in St. Johns County at Racetrack Road and Florida 13
Don't be surprised to start seeing signs.
In Jacksonville, the City approved sign permits Friday for four Chase signs at 4372 Southside Blvd. at a project cost of $6,765 and for a Chase sign at 1661 Riverside Ave., No. 125, at a project cost of $2,175.
NW Sign Industries of Florida is the contractor.
Those are in addition to the one Chase office with an ATM at 7301 Baymeadows Way, near Cypress Plaza Drive, and a Chase ATM in Neptune Beach at 233 Atlantic Blvd., and other Chase functions.
The Baymeadows Way address is the site of JPMorgan Chase's mortgage banking operations center in Jacksonville, which it acquired from the failed Washington Mutual Inc.
Chase also has an operation in Deerwood Park at 10151 Deerwood Park Blvd.
Chase has big plans for the Baymeadows building.
The City recently approved a permit for Dav-Lin Interior Contractors to renovate the main cafeteria at JPMorgan Chase's main building in Baymeadows at a project cost of $1.07 million.
According to the permit, JPMorgan Chase will renovate 3,651 square feet of space at the 7301 Baymeadows Way building for a kitchen renovation, partitions, flooring, plumbing, electrical and HVAC work.
JPMorgan Chase also has applied for a permit to renovate part of the third floor of the three-story building at a project cost of $500,000.
No contractor was specified for that 14,733-square-foot project, described as demolition of existing offices, reconfiguration of open office area, and addition of conference rooms.
The plans show offices, open areas, "huddle" rooms, a break room and a "war room."
The project designer is ASD Inc.
The jpmorganchase.com website reports the bank has more than 17,000 employees in 300 locations throughout Florida.
As of Dec. 31, JPMorgan Chase had 5,614 branches, up 106 from the year before and up 18 over the quarter. The branches operate in 23 states.
The company reported 2012 net income of a record $21.3 billion, up from $19 billion from 2011. Revenue was flat at $99.9 billion.
Fourth-quarter net income was $5.7 billion, up from $3.7 billion in the fourth quarter of 2011. Revenue was up 10 percent to $34.4 billion.
JPMorgan Chase & Co. reported assets of $2.4 trillion worldwide. It provides investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity.
The Tampa Bay Times reported March 17 that JPMorgan Chase was accelerating its aggressive expansion into Florida and would add 35 branches this year, including 10 in the Tampa Bay area.
The newspaper said Chase plans to add 375 to 500 branches statewide within five years, more than doubling its presence.
The Tampa Bay Times reported that Chase was slow to enter Florida, retrenching after its initial entry in the 1980s.
"That all changed with the acquisition of Washington Mutual after the 2008 financial crisis, a deal that gave it more than 200 locations in Florida. Capitalizing on a poor real estate market, weakened competitors and relationships with existing clients, Chase made up for lost time quickly," wrote Times Staff Writer Jeff Harrington.
S. Todd Maclin, CEO of commercial banking for JPMorgan Chase, visited Tampa in March to meet with clients and co-workers.
"We're now making money here, so that emboldens us to move a little faster," Harrington quoted Maclin as saying.
"Let's just say we're hanging around the net," he said. "We'll pick up any easy baskets we can."
Harrington wrote that in running the third-biggest commercial bank in the country, Maclin said he thinks the economy is improving and that the long-anticipated commercial real estate crunch was not as severe as some had feared.
Even in hard-hit Florida, Maclin said, companies are investing again. And he thinks Florida will work its way through its real estate woes relatively soon.
CBRE renovating Jacksonville offices in $700,000 project
CBRE is renovating its Jacksonville office space in One Enterprise Center at 225 Water St. Downtown at an estimated construction cost of $700,000.
Furnishings and other features are expected to boost that amount.
A building permit application filed with the City shows Turner Construction Co. as the contractor to remodel the 8,628 square feet of space at CBRE's existing location at Suite 110.
The architect is Gensler of Tampa.
Plans show the renovations will consist of selective demolition and construction of new partitions and finishes and for electrical, mechanical and fire protection systems.
CBRE intends to relocate to the second floor of the office building during construction, which should be completed in August.
Documents show an open floor plan with a café break room featuring a new seating design.
The CBRE website shows 37 people on the roster, including three at a suburban business center.
The managing director is area commercial real estate veteran Jim Citrano, who also chairs the Jacksonville Port Authority.
CBRE moved into the building in 1999.
Correction: On second reference to the Lazzara Health Sciences Center in a story on Page A-5 Tuesday, Lazzara was misspelled.
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