City permits $2 million tenant work for Ally Bank in Flagler Center

Ally Financial bought two buildings in the Southside park in May.


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The city approved a permit June 17 for Ally Financial Inc. to build-out almost 28,000 square feet of space on the second floor at 12808 Gran Bay Parkway W.

Dav-Lin Interior Contractors Inc. is the contractor for the $2 million project. Rolland, DelValle and Bradley is the architect.

Ally spokeswoman Cristianna Vazquez said June 15 the project “is a continuation of the overall project to update the space we acquired.”

The renovations are in the Lakeside III building for Ally Bank.

Ally Financial Inc. paid $49 million May 13 for the Lakeside III and Lakeside IV office buildings in Flagler Center. It bought the buildings from Crocker Partners.

Vazquez said in May that Ally is the sole occupant of both buildings, where it has 1,090 employees.

"This purchase will help Ally strengthen the common culture and collaboration across teams in a campus-like environment for its loyal and high performing workforce," Vazquez said.

Property records show Lakeside III, at 12808 Gran Bay Parkway W., is a four-story, 117,172-square-foot building developed in 2007 on 14.3 acres.

Lakeside IV, at 12850 Gran Bay Parkway W., is a five-story, 129,106-square-foot building developed in 1999 on 26.2 acres.

Web.com previously leased Lakeside III before moving to the Town Center Two building near St. Johns Town Center.

Ally Bank moved into that space and already leased Lakeside IV.

It is the rebranded GMAC, a name change that took place a decade ago.


 

 

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