The Coastal
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    Story of a Building: The Florida Times-Union Building

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    Remembering Edgewood Bakery: Once a Murray Hill Staple, Now an Empty Building

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    A Brief History of Jacksonville University

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      Local Producer Alex Moye Releases New Album, “All I Need”

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The Coastal
  • Development
    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Whataburger adding third new Jax location

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Whataburger now open in St. Johns, coming soon in Middleburg

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: East San Marco tenants revealed

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Homespun Kitchen expanding to Riverside

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Vagabond Coffee joining VyStar Tower; Dreamette to Springfield

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Great Greek nears St. Johns opening; Hwy 55 Burgers coming to Westside

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Purple Roots now open at Tinseltown

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: Fire museum on the move; Dreamette to San Marco

    Building Up Jax - Jacksonville Construction and Development Updates Each Saturday

    Building Up Jax: JU adding downtown College of Law

  • History
    • All
    • Jax Evolved
    Florida Times-Union building

    Story of a Building: The Florida Times-Union Building

    Edgewood Bakery

    Remembering Edgewood Bakery: Once a Murray Hill Staple, Now an Empty Building

    jacksonville university

    A Brief History of Jacksonville University

    history of Ed wAters College

    A Brief History of Edward Waters College

    Worman's bAKERY AND DELI

    Remembering Worman’s Bakery and Deli

    Before Normandy Mall, There Was the Loew’s Normandy Drive-In Theatre

    Before Normandy Mall, There Was the Loew’s Normandy Drive-In Theatre

    Green Turtle Restaurant in Jacksonville, fl

    Remembering Joe Adeeb’s Green Turtle Restaurant

    San Marco Theater, San Marco, Jacksonville, FL

    Story of a Building: San Marco Theatre

    Sun-Ray Cinema building Five Points Jacksonville FL

    Story of a Building: Sun-Ray Cinema Building

  • Jax Evolved
    VyStar at 100 West Bay Street, Jacksonville, FL

    JAX EVOLVED: VyStar Reinvigorates the Former Life of the South Building

    JAX EVOLVED: San Marco Preservation Society Now Occupies South Jacksonville City Hall

    JAX EVOLVED: San Marco Preservation Society Now Occupies South Jacksonville City Hall

    Old St. Luke's Hospital jacksonville fl

    JAX EVOLVED: Old St. Luke’s Hospital Building Now Houses Jacksonville Historical Society

    Paul Davis Restoration, formerly Chevrolet Parts Depot, Springfield, Jacksonville, FL

    JAX EVOLVED: Paul Davis Restoration Gives Life to Old Chevrolet Parts Depot

    Old St. Andrew's Church building, Jacksonville, FL

    JAX EVOLVED: Old St. Andrew’s Church Building

    Novel Coworking / Groover-Stewart Drug Company Building, 25 N. Market Street, Jacksonville, FL - Image copyright 2020 Google

    JAX EVOLVED: Groover-Stewart Drug Company Building Now Houses Novel Coworking

    Dyal-Upchurch Building, Jacksonville, FL

    JAX EVOLVED: Downtown Jacksonville Adaptive Reuse Collection

    The Barnett, Jacksonville, FL

    JAX EVOLVED: The Barnett’s Long Journey to Redevelopment

    JAX EVOLVED: Brewster Hospital to North Florida Land Trust, LaVilla, Jacksonville, FL

    JAX EVOLVED: From Brewster Hospital to North Florida Land Trust

  • More
    • Culture
      • All
      • Art
      • Hidden Gems
      • Local Quirks
      • Music
      • Shopping
      Local Producer Alex Moye Releases New Album, “All I Need”

      Local Producer Alex Moye Releases New Album, “All I Need”

      Jacksonville Jazz Fest to Return This Fall

      Jacksonville Jazz Fest to Return This Fall

      Green Turtle Restaurant in Jacksonville, fl

      Remembering Joe Adeeb’s Green Turtle Restaurant

      Dockless Mobility Program Brings E-Scooters to Downtown Jacksonville

      Dockless Mobility Program Brings E-Scooters to Downtown Jacksonville

      MURAL SPOTLIGHT: Riverside Park Place by Jason Tetlak

      MURAL SPOTLIGHT: Riverside Park Place by Jason Tetlak

      “Jax River Jams” Concert Series Coming to Riverfront Plaza in April

      Sugar Ray, Quad City DJ’s Highlight Jax River Jams Lineup

      Art Notes - Jacksonville, FL

      ART NOTES: Jazz Discovery Series 2021 Kicks off Friday Night

      “Jax River Jams” Concert Series Coming to Riverfront Plaza in April

      “Jax River Jams” Concert Series Coming to Riverfront Plaza in April

      Joseph E. Lee Jacksonville's first black attorney

      Joseph E. Lee Was Jacksonville’s First Black Lawyer – and He Didn’t Stop There

    • Community
      Prati Italia Jacksonville FL

      How the Prati Italia Team Survived the Pandemic

      Jax-Based SipClean Debuts New Canned, Non-Alcoholic Rosé

      Jax-Based SipClean Debuts New Canned, Non-Alcoholic Rosé

      Cowford Chophouse Partners with JAMS for 2021 MOO-VE IT 5K

      Cowford Chophouse Partners with JAMS for 2021 MOO-VE IT 5K

      Taverna Meals for Medical Workers Jacksonville Baptist Health

      Taverna Gives Back to First Responders with “Meals for Medical Workers”

      Local Companies Anact, SurfearNEGRA Join Forces to Address Aquatic Inequality

      Local Companies Anact, SurfearNEGRA Join Forces to Address Aquatic Inequality

      The Pitman Sisters, TikTok video stars from Jacksonville, FL

      How “The Pitman Sisters” Became TikTok Famous During COVID-19

      Local Women in Cannabis, Jacksonville, FL

      Breaking the “Grass Ceiling”: Local Women in Cannabis

      Urban Mining Jacksonville FL

      How Urban Mining Utilizes Donations to Provide Computers for Local Kids

      Cowford Chophouse Teams Up with Jacksonville Arts & Music School for 4th Annual MOO-VE IT 5K

      Cowford Chophouse Raises Over $18,000 for Jacksonville Arts & Music School

    • Food + Drink
      • All
      • Beer
      • Reviews
      Southern Italian Deli Market Jacksonville FL

      Cugino’s Sausage Launches The Southern Italian Deli & Market

      Prati Italia Jacksonville FL

      How the Prati Italia Team Survived the Pandemic

      Crazy Beans Coffee Makes Debut Inside JRTC at LaVilla

      Crazy Beans Coffee Makes Debut Inside JRTC at LaVilla

      Green Turtle Restaurant in Jacksonville, fl

      Remembering Joe Adeeb’s Green Turtle Restaurant

      Dochi, Jacksonville, FL

      Japanese Donut Pop-Up Shop Dochi Coming to Town Center

      Jax-Based SipClean Debuts New Canned, Non-Alcoholic Rosé

      Jax-Based SipClean Debuts New Canned, Non-Alcoholic Rosé

      Taverna Meals for Medical Workers Jacksonville Baptist Health

      Taverna Gives Back to First Responders with “Meals for Medical Workers”

      The Homestead Restaurant, Jacksonville Beach, FL

      Long Before Taco Lu, There Was The Homestead Restaurant

      Norikase Jacksonville

      BENTO Group to Debut Norikase Concept in Jacksonville

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Building Up Jax, 8/13: EverBank sold off to TIAA, but it’ll be okay

by The Coastal
August 13, 2016
in Development, Featured, News
EverBank in Jacksonville, FL
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This week, we discuss EverBank’s pending sale to TIAA, which has turned out to not be as bad as anyone expected. We also note yet another new brewery, and several other upcoming projects.

EverBank-TIAA sale

This week it was announced that TIAA, a large financial corporation based in New York, has reached an agreement to purchase Jacksonville-based EverBank for $2.5 billion in cash.

Rumors had been swirling about a pending sale ever since Bloomberg reported that EverBank was in advanced talks to be acquired by a major financial institution.

There’s been much discussion over the past few weeks about what the now-imminent sale of EverBank would mean for the city. While nothing is set in stone, it appears that the deal may actually end up benefitting Jacksonville in the long run. As part of the deal being announced, it was also disclosed that the combined banking operations of the two companies would still be headquartered in Jacksonville. This means no significant loss of jobs in the city; TIAA has expressed a desire to retain as many EverBank employees as they can.

There are, however, still a lot of unknowns. It’s unclear what the combined banking operations will be referred to as – if the EverBank brand ceases to exist, it could lead to a few key changes. For one, signage atop the bank’s Riverside and downtown buildings would have to be modified. Second, it would have to be decided what would become of the naming rights for EverBank Field. As of right now, there are no plans to change the stadium’s name.

If a rebrand occurs, the stadium’s name will likely either change to reflect this, or naming rights will be sold off to another company altogether.

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So what does all of this mean for the average Jax resident? Honestly, probably not much. The deal itself will likely not even be officially completed for at least a few more months, so you won’t notice any changes until then – if you notice them at all.

Main and Six Brewing heading to Springfield

Last week, we mentioned that Hyperion Brewing Company was seeking to move to Springfield.

Now another brewery is looking to join them there. Main and Six Brewing Company will attempt to rezone property at 1636 N. Main St. in hopes of opening a new brewery at the location, according to the Florida Times-Union.

The owner of the brewery, Dennis Espinosa, will purchase the property upon securing the proper zoning.

Noted projects

  • Bed, Bath & Beyond subsidiary andThat! will open at 8801 Southside Blvd. in the Timberlin Village shopping center, according to Jax Daily Record. It will replace the recently-closed OfficeMax, and will also have an annex in another unoccupied part of the center (previously home to SoundAdvice and The Athlete’s Foot, among others).
  • Target’s location at 10490 San Jose Blvd. will undergo a $350,000 upgrade.
  • Wendy’s is in the process of applying for permits to renovate its location at 2006 Park St. in Riverside. The chain has gradually been rolling out its new look for its Jacksonville locations.
  • Jax-based Mac Papers acquired Alabama’s Higdon Paper & Packaging this past week.
  • Gilbert’s Social, a new southern-concept restaurant by local chef Kenny Gilbert, will open at 4021 Southside Blvd., according to the Florida Times-Union.
Tags: downtowneverbankspringfieldtiaa
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The Coastal is a local magazine in Jacksonville, FL, founded in 2015 to bring you stories about the past, present, and future of the First Coast.

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