City Contemplates $9.8M Retention Grant for Everbank Downtown
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Description
The City of Jacksonville is considering approval of a $9.8 million, 10-year retention grant for Everbank to remain in its downtown Bay Street offices. The proposal will be reviewed by the DIA Board on February 18, 2026, with lease review provisions discussed.
Contract Details
Contract Amount
$9,800,000 / 10 years
Vendor
EVERBANK
Agency
City of Jacksonville, FL
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Contract Term
10 years
Renewal Date
2036-02-09
Renewal Info
Lease review after 5 years suggested; subject to DIA Board approval and further terms to be determined.
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City of Jacksonville City Council Agenda of June 9, 2026
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