Source One Direct Inc., which provides personalized credit cards for companies and businesses, has taken over a Jacksonville building and 175 employees from Citi Cards.
Atlanta-based Source One Direct paid $3 million for Flagler Center property it bought last week from Citicorp Credit Services Inc. USA.
Source One Direct is part of Gemalto, an Amsterdam company whose U.S. headquarters are in Austin, Texas.
Citi spokeswoman Janis Tarter said Wednesday the company informed 175 employees in its Jacksonville transaction services processing facility in October that their jobs would transition to a Citi vendor Jan. 1.
Tarter said the facility also transitioned to the vendor. She said the company made the decision as part of its ongoing evaluations to find ways to increase efficiency while responding to changing business needs.
The move is a small part of Citi Cards’ Jacksonville presence. There are 3,000 Citi employees in the area. Citi is based in New York.
Citi Cards has long operated a major credit-card operation at the Flagler Center campus that it began developing in 2003. The Jacksonville campus was built to handle customer service, collections and technology.
Nicole Williams, Gemalto director of marketing communications for North America, said by email the company has purchased property in Jacksonville from Citicorp Credit Services. She said she could not provide details on the scope of the deal.
Source One already is posting job opportunities for Jacksonville.
Three job postings include openings for an IT systems manufacturing manager; a security and compliance manager and HSE coordinator; and an industrialization coordinator. Those three Internet postings were made Dec. 10.
Source One Direct bought the property Dec. 29. The deed was recorded Monday with the Duval County Clerk of Courts.
The Duval County Property Appraiser’s Office said the deed shows Source One Direct bought 9.3 acres, including a 62,880-square-foot building, at 14000 Citi Cards Way, the address for the Citi Cards campus.
Property records show Citicorp Credit Services owns 85.83 acres, with three buildings, at the Citi Cards Way address, along with 28.3 acres of undeveloped land along Gran Bay Parkway.
The three buildings there total about 600,000 square feet. The largest, more than 500,000 square feet, is the main Citi building. The second, which matches the deed description for the Source One Direct deal, has a gross area is 62,880 square feet and its heated area is 46,260 square feet.
The Citi Cards campus dedication June 24, 2005, featured then Gov. Jeb Bush, Mayor John Peyton and others, who welcomed the company and its largest
Citi Cards site in the country, according to The Florida Times-Union.
In 1997, Citicorp bought AT&T Universal Card Services, which operated in Deerwood Center in Baymeadows. It grew to own or lease 600,000 square feet of space in the Baymeadows area before deciding to build a campus.
Source One Direct and a sister company were bought in May by Gemalto, which says it is the world leader in digital security.
Source One Direct, which started in 1998, says it is one of the largest providers of personalized card and fulfillment services. It handles the production and fulfillment of cards across a range of industries, from retail to health care to financial services, and works “with everyone from small businesses to Fortune 500 companies.”
Gemalto.com describes itself as the “heart of the rapidly evolving digital society.”
It says it delivers on the expanding needs for “personal mobile services, payment security, authenticated cloud access, identity and privacy protection, eHealthcare and eGovernment efficiency, convenient ticketing and dependable machine-to-machine (M2M) applications.”
Gemalto says it develops secure embedded software and secure products, which it designs and personalizes.
Gemalto operates in 44 countries and has 12,000 employees.
JAXUSA Partnership President Jerry Mallot welcomed Source One Direct. “They bring another international dimension to Jacksonville in a rapidly changing environment of business,” he said.
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