Plans for campus will span two locations totaling 300,000 square feet, creating a significant amount of new jobs
Lake Mary, Fla. – Growing its presence in the Orlando region, BNY Mellon (NYSE:BK) announces a substantial expansion of its real estate footprint in Lake Mary. The company plans to make considerable investments in the creation of a unified campus across two locations, creating a significant number of new jobs for the region.
“Lake Mary is an important location for us globally, and we believe in the local community and its top talent,” said Alejandro Pérez, chief administrative officer at BNY Mellon.
We’re excited to continue expanding our presence in Florida and remain committed to serving our clients across the state.
Alejandro Pérez,
Chief Administrative Officer,
BNY Mellon.
The project expands BNY Mellon’s Lake Mary location by 200,000 square feet, which includes cutting-edge office space at 600 Colonial Center Parkway and the renovation of an additional 100,000 square feet at 300 Colonial Center Parkway.
Complementing the physical expansion, BNY Mellon aims to transform the working environment for its staff with collaborative workspaces, a full-service cafeteria, a state-of-the-art conference center, a premium coffee bar, and wellness facilities that include a gym and dedicated spaces for nursing mothers. The comprehensive renovation project is set to be completed by 2024.
“BNY Mellon’s vision for growth in Lake Mary marks a significant milestone for Seminole County, once again confirming our position as a prime location for global businesses seeking to thrive,” said District 5 Commissioner Vice-Chair Andria Herr.
This expansion not only enhances the county’s business ecosystem but also reinforces our commitment to providing a robust environment for job creation and prosperity. Seminole County looks forward to the positive impact this endeavor will have on our community and welcomes BNY Mellon’s continued presence and contributions to our vibrant and growing community.
Andria Herr, District 5 Commissioner Vice-Chair
Florida Commerce played a pivotal role in facilitating this expansion, emphasizing our region’s commitment to supporting business growth. The move not only creates job opportunities but also injects economic vitality into the state.
BNY Mellon established its presence in Lake Mary in 2001 and has since increased its presence in the region to approximately 1,200 employees. The company also has several Wealth Management branches throughout Florida.
The Orlando Economic Partnership (OEP) first engaged with BNY Mellon senior bank officials during a 2022 economic development mission to New York. Following discussions centered on opportunities for BNY Mellon to expand its existing facility in Lake Mary, the OEP’s economic development team provided comprehensive research, market analysis and incentives counsel to make the business case for the region.
The Orlando Economic Partnership is thrilled to see BNY Mellon’s expansion in Lake Mary, a move that underscores the region’s economic vibrancy as a global business hub.
Tim Giuliani, OEP President and CEO.
“This strategic partnership aligns with our mission of advancing Broad-based Prosperity® to foster inclusive economic development and stimulate job opportunities for all while solidifying the region’s reputation as a dynamic and thriving business destination.”
###
For more information or to schedule an interview with a BNY Mellon or OEP representative, please contact Jennifer Marcial Ocasio at Jennifer.marcial@orlando.org or 407-902-0221.
About BNY Mellon
Established in 1784, BNY Mellon is America’s oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $45.7 trillion in assets under custody and/or administration and $1.8 trillion in assets under management as of Sept. 30, 2023. BNY Mellon has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available on www.bnymellon.com. Follow us on LinkedIn or visit our Newsroom for the latest company news.
About the Orlando Economic Partnership
Winner of the National Chamber of the Year award, the Orlando Economic Partnership (OEP) is an economic and community development organization that is seizing the moment to advance Broad-based Prosperity® and create a more prosperous economy for all. Through the power of partnerships, we grow the economy, attract growing companies, boost job creation, drive investment, improve competitiveness and fuel regional leadership. Learn why opportunity in Orlando is Unbelievably Real™ at InvestOrlando.org.