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JEA headquarters has new owner, but the Jacksonville utility expects no changes - Jacksonville Business Journal

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JEA headquarters has new owner, but utility expects no changes

JEA’s soon-to-be headquarters downtown has been acquired by a Colorado-based real estate firm, with the utility service expecting no changes prior its move-in early next year.next to the Duval County Courthouse.The seller, Ryan Companies, was chosen for the development of the property in 2019. It will continue to manage the building, a company press release said.

“They are moving into a great building that will serve them well for the next 20 years and beyond,” Ryan Companies Southeast Regional President Doug Dieck said in a statement. “We look forward to continuing to serve them as Ryan will manage the building on behalf of the new owner." With the new ownership, JEA CEO Jay Stowe said the energy provider does not expect any changes to its phased move-in plans in February. He said the Technology Services and Security departments would be the first to transition from its 21 W. Church St. building.

“I am grateful for our partnership with Ryan Companies and look forward to our relocation,” Stowe said. “JEA is committed to remaining an integral part of downtown Jacksonville. The new space has been designed to allow for flexibility and employee collaboration to continue our mission to improve lives and build community.”

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