The city issued a permit Aug. 13 for a second Tampa-based GTE Financial office to build-out in Jacksonville, this one at Intracoastal Plaza at 14444 Beach Blvd. at southeast Beach Boulevard and San Pablo Road.
Creo Contracting LLC of Jacksonville Beach is the contractor to renovate a 2,848-square-foot former bank building at a project cost of $1.75 million. The renovation will comprise four offices, a break room and more.
BDG Architects LLP of Tampa is the architect. AEC Integrated LLC of Jacksonville provided private plan review.
The landlord is Jacksonville-based Ash Properties, whose shopping center site plan shows GTE Financial on Outparcel 1, next to Shores Liquors. Le Petit Paris Cafe is on Outparcel 3.
GTE Financial intends to open two community financial centers in South Jacksonville.
Cushman & Wakefield Managing Director David Hillegas and Senior Associate Francesca Neuman represented GTE Financial in the lease negotiations for both locations.
The city issued a permit July 13 for Creo Contracting to renovate 1,983 square feet of space at 7570 Gate Parkway, Unit 105, in The Palms at Gate Parkway at a project cost of $1.75 million. BDG Architects is the architect. AEC Integrated provided private plan review.
The Palms at Gate Parkway, also owned by Ash Properties, is west of Interstate 295 and south of Butler Boulevard. It is at northwest Gate Parkway and Burnt Mill Road, north of Ikea.
Plans show three offices, a break room, a lounge, lobby and rotunda, and a walk-up ATM.
The 7570 Gate Parkway structure is one of three two-story buildings comprising The Palms at Gate Parkway.
As Building 1, it is the southernmost structure. It is at the left when facing the central building. Unit 105 is on the ground floor.
Also in the building are The Chocolate Bar, Foxtail Coffee Co. and Fore Score Golf Tavern.
On May 14, GTE Financial announced plans to expand into the Jacksonville market with the two locations, confirming earlier reports.
The not-for-profit financial cooperative said it would establish its first Jacksonville-area branch in late 2026 along Gate Parkway and a second at Beach Boulevard and San Pablo Road in 2027.
GTE Financial said in the news release that the expansion is its first full-service retail presence in Duval County and part of a broader statewide growth strategy after receiving approval to serve additional regions across Florida.
Brian Best, president and CEO of GTE Financial, said Jacksonville represented an opportunity to serve more communities “with a personalized, community-focused banking experience.”
GTE Financial said it operates 24 community financial centers across Florida, serves more than 230,000 individuals and businesses and manages about $3 billion in assets.
“The expansion into Jacksonville is part of GTE Financial’s long-term commitment to meaningful growth,” said Channing Thornton, managing director of Retail Member Sales.
The release said the credit union and its employees contribute millions of dollars annually to charitable organizations and dedicate thousands of hours to financial counseling, volunteerism and community outreach.