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Bank of America Expands Its Regional Headquarters In Jacksonville, Florida

Bank of America will invest $13 million to expand its regional headquarters in Jacksonville, Florida, with plans to create at least 200 new jobs by December 2015.

According to the Governor Rick Scott’s Office, the firm will expand operations at its two Southside Jacksonville campuses to accommodate multiple Bank of America and Merrill Lynch lines of business.

Gov. Rick Scott said, “Bank of America’s expansion in Jacksonville will create at least 200 more job opportunities for Florida families. Their expansion is also a great example of Florida’s pro-business climate. To make Florida an even better place for families and businesses, we are planning to cut $500 million in taxes and fees for Florida families in this year’s proposed budget.”

“The expansion of Bank of America is great news for the Jacksonville area,” said Secretary of Commerce and president and CEO of Enterprise Florida Gray Swoope. “Florida is becoming a great place to live because of our economic growth and we work hard to provide the necessary resources for these businesses to thrive. Bank of America is an excellent addition to our financial industry and we look forward to more of their successes in our state.”

The project was made possible because of the partnerships at the state and local levels. Along with Enterprise Florida, Inc., JAXUSA Partnership, Workforce Florida and the Department of Economic Opportunity worked with Bank of America to make this move possible.

“Bank of America is one of Jacksonville’s top financial services employers with a long track record of success,” said JAXUSA Partnership President Jerry Mallot. “The bank’s latest expansion plans demonstrate the depth and quality of financial services talent that can be found in our market.”

Workforce Florida President/CEO Chris Hart IV said “the financial sector continues to be a strong job creator for Florida, and our state workforce system is committed to connecting our talented workforce with these high-skill, high-wage opportunities.”

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