Bank of America is putting up signs on the entry building at the Gramercy Woods office park, where the financial institution leases at least three floors and more than 68,000 square feet of space.
The city issued two permits Jan. 22 for Citrus Sign and Installation Inc. of Orlando to put up signs at a project cost of $16,000 each on Building 100 at 9000 Southside Blvd., north of The Avenues mall.
The Bank of America signs are on the top of the 10-story building on the east and west sides.
The east side faces Southside Boulevard. Looking at that side from the road, Bank of America’s sign will be on the left and Aetna remains on the right.
The signs show that Bank of America has increased its presence and profile in the office park.
The city issued a permit Jan. 14, 2026, for Bank of America to remodel the ninth floor in Building 100.
Auld & White Constructors LLC of Jacksonville is the contractor for the almost $2.8 million improvement to 23,780 square feet for office space and a work cafe.
RS&H is the project manager and interior architect.
In October 2024, the city issued permits for the $4.7 million renovation of 44,750 square feet on two floors – the seventh and eighth – in that building, which is an expansion from the five buildings that Bank of America already leases and has been renovating.
Building 100 is owned by Glen Southside LLC, part of Atlanta-based Glenfield Capital LLC, which bought that building and other property there in April 2019.
The almost 264,000-square-foot building was developed in 1989.
Bank of America also has been receiving permits toward the $200 million upgrade it announced for its long-leased five-building Jacksonville Operations Center within Gramercy Woods.
North Carolina-based Bank of America leases those buildings from New York City-based Ladder Capital Finance LLC. In 2017, investors bought the business park and then sold the five buildings leased by Bank of America to Ladder Capital Corp.
Auld & White Constructors and Marand Builders Inc. of Jacksonville Beach are the contractors for the renovations.
Bank of America said in October 2021 it would renovate and update 800,000 square feet of space among those five buildings – 200, 300, 400, 500 and 600 – in phases over several years.
The operations center houses part of the bank’s customer contact operations call center and technology-operations support.
Bank of America’s $200 million investment includes construction of a six-tier, 1,447-space parking garage that is being built at a job cost of $24.66 million on the northernmost parking lot in Gramercy Woods.
As of year-end 2023, Bank of America anticipated completion of the projects over the following two years.
Bank of America essentially has occupied the space since the park structures were built in 1989 for Barnett Banks Inc. Jacksonville-based Barnett merged into Bank of America.
JAX Chamber reports that Bank of America has about 8,000 employees in the Jacksonville area, including its Downtown headquarters, branch offices and the operations center.
Merrill Lynch also has been relocating to Bank of America’s space in the park.
Bank of America, which owns the Merrill investment and wealth management company, sold the 52.23-acre Merrill Lynch Deerwood Park North campus in January 2025 to Intercontinental Exchange Inc. for $42 million.
ICE is establishing its Mortgage Technology division headquarters in Jacksonville.
The entire 9000 Southside Blvd. office campus has expanded to about 1.3 million square feet of space.