Group First Credit score Union employees are shifting into their new headquarters growth constructing in LaVilla this week following a full renovation to the constructing.
The Jacksonville-based monetary establishment bought the previous Elkins Constructing/Diamond-S constructing at 701 W. Adams St. in November 2019. It consists of the 1.7-acre lot, two-story constructing and adjoining parking zone.
The constructing is about six blocks from the prevailing headquarters at Lee and Beaver streets. It now will home operational and administrative places of work for about 75 of Group First’s 180 headquarters employees.
“This repurposed constructing offers us the room we have to develop for the subsequent a number of years,” mentioned John Hirabayashi, CEO and president of Group First. “We’re proud to proceed to contribute to a vibrant downtown.”
The member-owned credit score union that is been headquartered downtown since 1935 mentioned the deal closed at $4.6 million.
Renovations included full interiors and exterior enhancements and updates together with superior know-how and new finishes in addition to furnishings. Auld & White Constructors of Jacksonville accomplished the renovation. TTV Architects designed the constructing’s new inside and exterior and NAI Hallmark was the dealer for the sale.
In 2002 Communithy First transformed its Fundamental Avenue Department to a banking providers department and moved its headquarters to its present location at 637 N. Lee St. close to the LaVilla College of the Arts.