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A helicopter delivers a letter of the Gulf Life signage to the Southbank tower from a Northbank parking lot. (undated, Charlie Brown/Times-Union archive)

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A scale model of the proposed Gulf Life Tower and Sheraton hotel. (undated, Charlie Brown/Times-Union archive)

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The president of Gulf Life speaks before the tower's dedication in 1967. (Times-Union archive)

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The Gulf Life Tower on Jacksonville's Southbank as seen from the newly constructed Independent Life Building on the Northbank in June 1974. Independent Life replaced Gulf Life as Jacksonville's tallest building. (Allan Walker/Times-Union archive)

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Independence Day fireworks explode over the St. Johns River near the Gulf Life Tower on July 4, 1973. (Allan Walker/Times-Union archive)

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Downtown office workers dine in the Gulf Life cafeteria in July 1975. (Ash Williams Jr./Times-Union archive)

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Independence Day fireworks explode over the St. Johns River near the Gulf Life Tower on July 4, 1977.(Times-Union archive)

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Jacksonville's Southbank in shown in 1963, with sites identified for Gulf Life Tower (4) and the Sheraton hotel (1). (Marsh-Kornegay, Inc. Photographers/Times-Union archive)

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The Gulf Life Tower's sign, a familiar sight in Jacksonville since the tower opened in 1967, is removed in September 1991 after Gulf Life merged with American General Life. After the sale of the building to Gate Petroleum, the structure was renamed Riverplace Tower. Following Gulf Life, the names of SouthTrust, Wachovia and the current Ameris Bank appeared atop the tower. (M. Jack Leudke/Times-Union archive)

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The Gulf Life Tower on Jacksonville’s Southbank is shown prior to its completion and opening in 1967. At the time, the Mid-century modern building was the tallest precast, post-tensioned concrete structure in the world as well as the tallest building in Florida (until 1972) and in Jacksonville (until 1974). (undated, Times-Union archive)

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A view of the Gulf Life Tower in February 1990. (Times-Union archive)

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Moving day at the Gulf Life Tower. (unddated, Lou Egner/Times-Union archive)

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The Gulf Life Tower on Jacksonville’s Southbank is shown prior to its completion and opening in 1967. At the time, the Mid-century modern building was the tallest precast, post-tensioned concrete structure in the world. (undated, Times-Union archive)

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A crescent moon appears over Jacksonville's Southbank skyline — featuring the Gulf Life Tower, Sheraton hotel and Prudential building — three days before Christmas 1969. (Allan Walker/Times-Union archive)

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Fireworks erupt overhead and are reflected in the windows of the Gulf Life Tower on Jacksonville's Southbank. (undated, Times-Union archive)

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A color guard raises the American flag in front of the Gulf Life Tower. (undated, Times-Union archive)

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The Gulf Life Tower on Jacksonville’s Southbank, shown in January 1974, was the tallest precast, post-tensioned concrete structure in the world as well as the tallest building in Florida (until 1972) and in Jacksonville (until 1974) — when the Independent Life building on the Northbank was completed. (City of Jacksonville New Bureau/Times-Union archive)

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A view of the Gulf Life Tower and the Sheraton Hotel in downtown Jacksonville. (undated, Times-Union archive)

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Signage destined for the top of the Gulf Life Tower, awaits transport from a Northbank parking lot in January 1969. (Charlie Brown/Times-Union archive)

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The Gulf Life Tower is shown in June 1986. (Craig Trumbo/Times-Union archive)

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The Gulf Life Tower was considered a Southbank monument and a symbol of prestige for its owners. (undated, Ray Stafford/Times-Union archive)

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Floodlights illuminate the Gulf Life Tower in January 1974. (Times-Union archive)

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Construction continues on the Gulf Life Tower prior to its 1967 opening. Nearby, constuction is underway on the Sheraton hotel. (undated, Times-Union archive)

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Participants in the 3rd Annual University Club Stairwell Run start their 3.1-mile race in front of the Gulf Life Tower, before returning to run up the stairwell 27 floors to finish in the University Club in October 1987. (Bruce M. Lipsky/Times-Union archive)

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A helicopter transports the letter 'U' destined for the top of the Gulf Life Tower over downtown and to the building on Jacksonville's Southbank. (Foster Marshall/Times-Union archive)

Description

The 441,000-square-foot building was built in 1966 for Gulf Life Insurance Co. and was Florida’s tallest building for the next five years. Gate Riverplace, a division of Gate Petroleum, bought it from Gulf Life in 1993 for $7.5 million.

It was announced on Nov. 30, 2016 that Lingerfelt CommonWealth Partners of Richmond, Va., purchased the 28-story building in 2014 for $29 million.  It will continue to operate the building for the new owner, which it did not identify.

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