Fort Lauderdale tech company’s HQ hit by Hurricane Irma

The 5k sf building stands roofless, with its inside damp from water exposure

Miami /
Sep.September 13, 2017 05:05 PM

The headquarters of tech firm .CLUB Domains in Fort Lauderdale took a major blow from Hurricane Irma.

The 5,168-square-foot building at 701 North Andrews Avenue stands roofless, with its inside damp from damaging water exposure, according to the South Florida Business Journal.

The company paid $900,000 for the site in January. It had plans to renovate the building through the Fort Lauderdale Northwest-Profresso-Flagler Heights Community Redevelopment Agency. The building would be turned into a headquarters and incubator space for more startups in 2018, with amenities like an audio studio for podcasts, and a kitchen.

Executives at .CLUB told the South Florida Business Journal that the company did not purchase windstorm insurance for the building, but that they have been in touch with the city about speeding up the rebuilding process.

“It’s a great concept for the community, a tech incubator and accelerator to help startups in that neighborhood,” Campbell told the Business Journal.

Hurricane Irma destroyed roughly 25 percent of homes in the Florida Keys, and caused about $40 billion worth of insured industry losses in the United States, according to an estimate from catastrophe modeling firm AIR Worldwide. [SFBJ]Amanda Rabines 


Related Articles

arrow_forward_ios
Glenn C. Rice and 2700 Aqua Vista Boulevard, Fort Lauderdale (Linkedin, Google Maps)
Pharma exec sells Fort Lauderdale waterfront mansion for nearly $13M
Pharma exec sells Fort Lauderdale waterfront mansion for nearly $13M
(iStock)
South Florida resi sales jump in Q4: Elliman
South Florida resi sales jump in Q4: Elliman
Nautical Ventures Marine CEO Roger Moore and Holman Automotive CEO Brian Bates with 1400 South Federal Highway (Google Maps)
Holman sells former Fort Lauderdale BMW dealership for $6M
Holman sells former Fort Lauderdale BMW dealership for $6M
David Cassidy and 1600 South Ocean Drive in Fort Lauderdale (Getty)
David Cassidy’s former Fort Lauderdale home sells
David Cassidy’s former Fort Lauderdale home sells
ICM CEO Bruce Timm and HS Capital Fund CEO Harry Spitzer with 1901 West Cypress Creek Road, Fort Lauderdale (Google Maps)
HS Capital buys Fort Lauderdale office building for $18M
HS Capital buys Fort Lauderdale office building for $18M
Orianne Collins and 34 Isla Bahia Drive (Getty, Google Maps)
Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle
Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle
Robert Palmisano and 2623 Delmar Place (Wright Medical)
Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M
Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M
The Gale Hotel with Harvey Hernandez
Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez
Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...