FL: FIS Seeks OK for $145M HQ in Jacksonville, to Add 500 Jobs
8 Jan, 2020
Fidelity National Information Services Inc. (FIS), a Jacksonville, Fla.-based financial technologies giant, plans to build a 12-story building to house about 1,700 jobs. The company will present designs for the $145 million riverfront headquarters project to the Downtown Development Review Board on Jan. 9.
The building will span 300,000 square feet, allowing FIS to consolidate from three Jacksonville locations to one. The company will vacate the nearby space it shares with Black Knight (NYSE: BKI), allowing that company to expand as well. The headcount includes the more than 1,200 already in Jacksonville, as well as 500 new positions that will be filled over 10 years. FIS expects to break ground in the second quarter and move into the new space in the summer of 2022.
The company will receive $30 million in state and city incentives, including a $23.4 million tax rebate grant, a $3.5 million city grant payable when the project is complete and $3 million in tax refunds – $600,000 from the city and $2.4 million from the state.
The headquarters will be located on what was a Florida Blue parking lot. The insurer is constructing a more than $20 million, four-story parking garage nearby with the help of a $3.5 million completion grant from the city. The garage, which received its first permit last week, will be located on what was a city-owned retention pond, which the city filled in and gave to Florida Blue for free.
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