JACKSONVILLE, Fla. – Intercontinental Exchange announced Tuesday morning that it will establish the national headquarters of its mortgage technology division in Jacksonville.
ICE, which provides financial and mortgage services globally, is best known as the company that operates the New York Stock Exchange. Last year, it bought BlackKnight, a Jacksonville-based company that provides the same mortgage technology and data analysis resources.
The company will bring some 1,500 jobs to Northeast Florida to start. They are filled by employees who already work for that division of ICE.
Reps said some of those employees have already started moving to Jacksonville from places like New York, Chicago, Boston and even London.
The company is expected to add more than 500 new jobs over the course of seven years. Some of the new job positions will be technology experts and mortgage professionals.
“The new jobs will span a wide range, helping to ensure our city will continue to thrive for years to come,” Mayor Donna Deegan said at Tuesday’s announcement. “Jacksonville is a tech city. That’s why these companies are coming here. We’re a tech center.”
Reaffirming Jacksonville as a national financial center hub, Deegan said ICE chose the River City partly because of its employee base in the region.
“Along with a friendly business climate that we always promote and a city incentive package that will reap dividends for our local economy for many, many years to come,” Deegan said.
ICE is investing up to $216 million in Jacksonville to help establish the headquarters. The company and the city have not said where that will be located.
The announcement comes as just last week the University of Florida Board of Trustees unanimously agreed to build the school’s newest graduate campus in Jacksonville’s LaVilla neighborhood.
Among several programs it plans to offer are an MBA program and data analysis program. It is expected to cost $300 million to build the campus, which is scheduled to open in the fall of 2026.