Signs are on the way up for new anchor tenant Seacoast Bank at the prominent historic Downtown Southbank building at 1001 Kings Ave.
The city issued six permits Nov. 24 and Nov. 25 for Atlas Sign Industries of Riviera Beach to put up the signs at a project cost of $13,828.
Seacoast Bank’s name and logo will be on the walls facing north, south and west, along with a directional sign, a plaque for business hours and a window vinyl.
The city approved a Certificate of Appropriateness Nov. 18 for the signage because it is requested on a local landmark. The certificate says the work comprises six signs that will be installed in a manner that does the least amount of damage to historic materials.
Seacoast Bank announced on LinkedIn that it is expanding with a second Jacksonville branch at the building at southeast Prudential Drive and Kings Avenue, a renovated three-story structure that has served as the headquarters for the Industry West online furniture company.
Seacoast Northeast Florida Market President Allison Bovee and Michael Ludwig, senior vice president and senior community banking director, posted Oct. 22 that the expansion is “a reflection of our team’s incredible growth and success.”
In May 2023, Stuart-based Seacoast Banking Corp. of Florida and its banking subsidiary Seacoast Bank opened a full-service retail branch and commercial banking office in Jacksonville at 7880 Gate Parkway, Suite 100.
At that time, the bank said that “this milestone follows Seacoast’s initial expansion into the Jacksonville market early last year via the establishment of a Commercial Banking team. Seacoast Bank’s expansion into Duval County follows years of robust growth across Florida.”
It has since expanded its business reach.
On Oct. 1, Seacoast Banking Corp. completed the acquisition of Villages Bancorporation Inc., parent company of Citizens First Bank.
Landlord representative Sarah Teagle, formerly with NAI Hallmark Partners and now senior associate with Cushman & Wakefield, said Oct. 23 that Seacoast Bank leased the first and second floors, taking 7,801 square feet of space, at 1001 Kings Ave.
“They wanted a visible presence Downtown,” she said.
Oliver Barakat, senior vice president of CBRE, represented Seacoast.
The 113-year-old, three-story building is one of the few remaining commercial buildings reflecting the old city of South Jacksonville of 1907-32.
Corner Lot CEO Andy Allen and COO George Leone and Industry West founder Jordan England bought the 12,838-square-foot building in 2021 through ALE Kings Holdings LLC.
Industry West renovated the structure and moved its headquarters into the first two floors while leasing out the top level to other tenants.
Industry West has since vacated the building, and the space had been on the market.
Andre Green, Corner Lot Development Group commercial development manager, made a statement as the landlord.
“The previous tenants were great, and we’re pleased that Seacoast Bank has selected the property for their new location.”
Allen also commented about Seacoast leasing the building.
“They are a perfect fit for the growing area. As a historic building on our Southbank, this shows their commitment to the urban core of Jacksonville.”