CONTRACTRECOMMENDED

EverBank Downtown Office Retention Grant Recommended

Downtown Investment Authority (DIA) logoDowntown Investment Authority (DIA)
Disclosed value
Not to exceed $9,800,000 (up to $980,000 per year for 10 years)
From agendapacket
Document date
Feb 18, 2026
Renews
Free account

The 30-second brief

What it covers

The Downtown Investment Authority recommended that City Council approve a conditional office retention grant of up to $9.8 million over 10 years for EverBank to keep its primary downtown office at 301 West Bay Street. The agreement would tie annual payments to maintaining at least 800 full-time jobs and 139,000 square feet of occupied space, alongside significant tenant and landlord capital investments.

Who holds it

EVERBANK holds this financial services contract with Downtown Investment Authority (DIA). Its other public contracts on record include work for San Mateo County MVCD and Big Bear Fire Authority.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Downtown Investment Authority (DIA) contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $9,800,000 (up to $980,000 per year for 10 years)
Document date
February 18, 2026
Term
10 years; anticipated lease term February 1, 2027 – January 31, 2036
Renews
Free account
Vendor
EVERBANK
Source document
Downtown Investment Authority Agenda Packet 2026-02-18 (AgendaPacket)

EVERBANK's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Downtown Investment Authority (DIA)?

EVERBANK was awarded this financial services contract by Downtown Investment Authority (DIA), as recorded on February 18, 2026. The contract value is Not to exceed $9,800,000 (up to $980,000 per year for 10 years).

How much is the EVERBANK contract with Downtown Investment Authority (DIA) worth?

The EVERBANK contract with Downtown Investment Authority (DIA) is valued at Not to exceed $9,800,000 (up to $980,000 per year for 10 years), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Downtown Investment Authority Agenda Packet 2026-02-18 (AgendaPacket), dated February 18, 2026 from Downtown Investment Authority (DIA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does EVERBANK hold?

EVERBANK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Downtown Investment Authority (DIA) currently buying?

Explore Downtown Investment Authority (DIA)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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