Jacksonville’s largest credit union relocated its headquarters and 1,000 employees Downtown in 2019. VyStar Credit Union purchased the 23-story high-rise at 76 S. Laura Street and adjacent garage for $59 million in July 2018 and purchased the neighboring seven-story 100 W. Bay Building for $5 million in February 2019. The credit union infused more than $15 million in renovations into 100 W. Bay, with retailers Bread & Board Provisions and Peterbrooke Chocolatier located on the first floor. In addition, the credit union worked with Art Republic to install public art throughout its parking garage and plans to create pop-up experiences in its alleyway. Vystar was also the successful bidder to acquire a City parcel located at the corner of Forsyth and Main and on which the company plans to build a parking garage with associated retail.
Investment: $100+ million