Intercontinental Exchange lands $58 million in permits for Jacksonville divisional HQ.
Article excerpt
Intercontinental Exchange lands $58 million in permits for Jacksonville divisional HQ. Intercontinental Exchange lands $58 million in permits for Jacksonville divisional HQ (Courtesy of the Jacksonville Daily Record) - A year after the property was sold, the city issued two permits March 26 for ICE Mortgage Technology Holdings Inc. to renovate its first Deerwood Park North building inside and out at a combined project cost of $58.38 million. ICE Mortgage Technology of Atlanta bought the 52.23-acre Merrill Lynch campus Jan. 13, 2025, from Bank of America for $42 million. Auld & White Constructors LLC of Jacksonville is the contractor for the Building 1 renovation at 4800 Deer Lake Drive E. Exterior and site improvements total $4.76 million. That work includes replacement of curtain walls, the addition of exterior canopies and a reworking of the sidewalks and landscaping. Curtain walls are lightweight exterior building "curtains" that often are used as weather barriers. The interior renovation of almost 140,000 square feet in the 170,098-square-foot, three-story building is shown at a project cost of $53.62 million. The permits come after those for interior demolition and to demolish the foundation of the Merrill Lynch bull statue, which was moved. The city also is reviewing a permit application for site improvements at an estimated project cost of $1.5 million. That...
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Intercontinental Exchange Inc., the operator of the New York Stock Exchange, announced in December 2024 it would spend at least $173 million to locate the headquarters of its Mortgage Technology division in Jacksonville after the 2023 acquisition of Black Knight, a software, data and analytics company that serves the housing finance market.
