EverBank Center is at 301 W. Bay St. in Downtown Jacksonville. | Monty Zickuhr, Jacksonville Daily Record
Published on February 9, 2026 at 4:27 pm
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Citing a cost differential between operating in Downtown Jacksonville versus a suburban office campus, EverBank is seeking $10 million in taxpayer funding from the city of Jacksonville to remain in its corporate headquarters on the Northbank.
City and bank officials presented the proposal at a meeting Monday of the City Council Special Committee on the Future of Downtown, where it prompted discussion about the effect that losing EverBank and its 800 employees in the EverBank Center at 301 W. Bay St. would have on Downtown revitalization.
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The issue arises amid planned moves out of Downtown by Citizens Property Insurance Corp., the Duval County School District and Regency Centers. In the third quarter of 2025, Jacksonville industry market reports show Downtown vacancy rates of 28.1% to 28.8%.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
