Chase Bank is continuing its Northeast Florida expansion with a new branch planned in the Beachwalk master-planned community in St. Johns County.
The new site will be located at 604 County Road 210, just south of BJ’s Wholesale Club and about a mile east of the community’s famed lagoon.
St. Johns County issued a building permit for the project on May 16, with a construction cost of approximately $2 million, according to the Jacksonville Daily Record.
The branch will be a 3,432-square-foot facility and feature 17 parking spaces.
The new location will be Chase’s 10th county branch.
The finance giant currently operates 25 branches across Northeast Florida and plans to add more in the coming years in keeping with the area’s growth.
The JDR reported that JPMorgan Chase Chairman and CEO Jamie Dimon confirmed during a January 2024 First Coast visit that the bank plans to open 10 more locations in the metro area due to its rising population.
The property is owned by Beachwalk developer Falcone Group through its entity, Twin Creeks SPE LLC.
Chase is the consumer and commercial banking arm of New York-based JPMorgan Chase & Co., which has $4 trillion in assets and operates globally.
The bank serves nearly 80 million consumers and about 6 million small businesses across the U.S., with more than 4,700 branches in 48 states and the District of Columbia.
