OCTOBER 13 TO OCTOBER 19, 2022 | JAXDAILYRECORD.COM
BUSINESS & LEGAL NEWS IN BAKER, CLAY, DUVAL, NASSAU AND ST. JOHNS COUNTIES
‘AFIS OPENS BIG WIN’ NEW HQ
The new Fidelity National Information Services Inc. headquarters at 347 Riverside Ave. Photo by Monty Zickuhr
Photo by Mike Mendenhall
Fidelity National Information Services Inc. CEO Gary Norcross, eighth from left, and the FIS operations leadership team cut the ribbon Oct. 12 on the company’s new headquarters in Riverside.
The $156 million building along the St. Johns River was built to withstand a 500-year flood, hold more than 1,700 workers.
MORE COMMERCIAL REAL ESTATE
BY MARK BASCH
Carrie Smith on why you’re seeing so many drive-thru coffee shops and car washes. Page 6
CONTRIBUTING WRITER
When Fidelity National Information Services Inc., or FIS, began planning its new headquarters building in 2019, company officials had no idea the concept of office work would change by the time it opened. “Would you build a new corporate headquarters in the middle of a pandemic?” CEO Gary Norcross said after an Oct. 12 ribboncutting officially opening the building at 347 Riverside Ave. When plans for the financial technology firm’s 12-story, 300,000-square-foot office
Ben Stewart on the cold storage boom. Page 6 The top commercial sales of the third quarter in Northeast Florida. Page 7 JAXUSA Partnership president on how FIS is bringing fintech firms to city. Page 9
were unveiled three years ago, FIS promised to add 500 jobs to the 1,216 workers it already had in Jacksonville. The $156 million project included $29.9 million in city and state incentives. “I am proud to say we’re 75% of the way there (to adding the jobs) as we open our headquarters today,” Norcross said during the ceremony. Before the coronavirus pandemic, FIS did not anticipate employees spending at least part of their workweek at home and part in the office, and Norcross said it’s diffiSEE FIS, PAGE 8
INSIDE
BUSINESS STRATEGY
The Notorious F.I.T. behind Crunch Fitness PAGE 10
LIMITED TIME OFFER
SAVE 50
%
ON DELIVERY! CALL TODAY 877-231-8834 www.jaxdailyrecord.com/special-offer
Promo Code: R806JCC
THE MATHIS REPORT
BASCH REPORT
Karis Cold wants to build in Westlake Industrial Park
TV station deal under scrutiny
“We are building the project on spec however we have several potential tenants that have already expressed interest,” company Senior Director Ken Verne says. PAGE 4
A proposed $8.6 billion buyout of television station operator Tegna Inc. is facing potential opposition. PAGE 14
VOLUME 109, NO. 73 | TWO SECTIONS | PUBLISHED SINCE 1912