Deutsche Bank starting move in April


Leslie Slover
Leslie Slover
  • Real Estate
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Deutsche Bank expects to move almost 900 Jacksonville jobs to the 5201 building in Southside in two phases, starting the weekend of April 1.

The second phase would be the end of June or early July.

Leslie Slover, regional head of Deutsche Bank in Jacksonville and in Cary, N.C., said the ribbon-cutting would be in July.

The relocated jobs include global technology, legal, compliance and finance positions.

The global financial services company leased the three-story, 150,000 building at 5201 Gate Parkway to accommodate positions that will move from leased space in Butler Plaza and to accommodate growth.

Its main campus comprises the five-building, 200,000-square-foot Meridian Business Park campus at 5022 Gate Parkway. That space is nearing capacity.

Deutsche Bank employs almost 2,000 people in Jacksonville, including temporary employees and consultants.

The nearby 5201 building, which is being renovated, can accommodate 1,200 jobs. It also will feature a cafeteria, gym, health and wellness center, and meeting space.

To comply with city and state development agreements adopted last fall, Deutsche Bank will create 350 more jobs by the end of 2017 and invest $23 million in tenant improvements and finishes.

The 5201 building formerly was anchored by PHH Mortgage, which is moving to a Baymeadows office building.

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