Fis to build new world headquarters in jacksonville, florida

Fis announced that it has received city and state approvals on an economic development package for plans to build a new, expanded world headquarters in jacksonville, florida to support the company’s continued growth. fis has also entered into a real estate purchase agreement with blue cross and blue shield of florida, inc. (florida blue) to purchase the riverfront property located at 323 riverside avenue on which to build its headquarters. the agreement is subject to customary diligence and standard contractual closing conditions and is expected to close no later than the second quarter of 2020. fis will consolidate its current 601 riverside avenue headquarters as well as two additional jacksonville-based facilities into the new headquarters building. the new headquarters building is expected to be 12 stories with approximately 300,000 square feet of space. fis expects construction on the new headquarters to begin immediately after the closing and to take about two years to complete.
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