You said it is in same location as previous POCO transformer and you mentioned 150 feet of raceway. Is the transformer at the building or away from building? If away from building Where is it fed from? Where is 480 volt service disconnect(s)? I would expect the supply from this transformer to come from the 480 volt service that is feeding the building and not have a separate 480 service at the transformer. You have two separate buildings or structures if they are not near each other, if they are near each other it is somewhat an AHJ call.
I know it doesn't seem right because you could have left the existing as it was and added the 480 volt service and been NEC compliant, but doing what you did makes the 208 system a separately derived system and not a service so art 225 applies instead of 230 for the 208 volt system if it is feeding a separate building or structure
The new 480 - 208 xfmr will be in the same place as the old POCO xfmr this location is 175' (down the exterior wall) from where I will be bringing the new 480v service in. The reason for this is avaiable realesate in the building. The distance between the old POCO xfmr and the 208 SB is 150'. This is because the SB is located in the middle of the buildling.
It would have been much easier to install a second service to the building from the POCO but they have a rule that the two services must be seperated by 300'. Talking with their engineers they weren't going to give me an exception for this.
Pictures are worth a thousand words, but the chances of me being able to correctly paste something here are slim and none.