ServiceNow | West Palm Beach
A major cloud computing company will open at an office tower under construction at CityPlace in downtown West Palm Beach, giving boost to billionaire Steve Ross’ plans to turn the city into a tech hub.
ServiceNow, a Fortune 500 company that aids businesses to organize and automate tasks by using AI, will open at the 10 CityPlace office tower that Ross’ Related Ross is developing, The Palm Beach Post reported. Santa Clara, California-based ServiceNow, which is led by CEO Bill McDermott, will run an innovation hub.
The firm has approvals for at least $17 million in state and city grants to support its West Palm expansion. This includes $13 million from the Florida Department of Economic Opportunity, another $2 million in state grants and $2 million from the city.
The city grant is contingent on ServiceNow hiring 856 employees in six years, and the funds can be retrieved if the firm fails to create at least 400 jobs.
Related Ross, ServiceNow and West Palm officials haven’t officially announced the company’s expansion to the city. But ServiceNow told Bloomberg this year that it’s “considering West Palm to support our global growth and future workforce expansion” and also has posted jobs for staff members in the city, The Post reported.
Last year, Ross stepped back from New York-based Related Companies to carve out its Southeast U.S. division into his newly formed Related Ross.
West Palm-based Related Ross focuses primarily on South Florida and is the biggest single landlord in downtown West Palm. It has eight office buildings, including purchased, developed, under construction and planned. Ross, 85, has quickly tenanted most of his offices by tapping his New York network of financial service firms. More recently, Related Ross executives have talked about turning downtown West Palm into a tech mecca.
Related Ross started construction in March of the 25-story 10 CityPlace and the 26-story 15 CityPlace on a portion of the CityPlace mixed-use complex in downtown West Palm.
Construction completion of the towers is expected in 2027.
C.R. Chicks | Palm Beach County
C.R. Chicks, a South Florida homegrown rotisserie chicken restaurant, is expanding in Palm Beach County.
C.R. Chicks leased 1,800 square feet at The Fountains of Boynton Shopping Plaza at 6627 Boynton Beach Boulevard in an unincorporated area of the county, according to a news release from the tenant’s broker.
Chris Haass and Scott Witkowski were part of the Cohen Commercial Realty team that represented C.R. Chicks. Mike Featherston of TSCG represented the landlord.
Rick Davis and Chris Sallen co-founded C.R. Chicks in 1992 in Palm Beach County, according to the restaurant’s website. After the recent lease, C.R. Chicks has eight outposts in the county.
The restaurant also is expanding to Stuart, leading 2,200 square feet at the Wedgewood Commons plaza at 3346 Southeast Federal Highway.