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Jacksonville Daily Record 10/13/22

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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

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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


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