ServiceNow Inc. is expanding to West Palm Beach, Florida, opening a location for several hundred employees in a planned office tower being developed by billionaire Stephen Ross, the famed New York real estate magnate who broke from Related Cos. last year to focus on his Florida projects under the name Related Ross.
The Santa Clara, California-based software company said Tuesday it’s leasing 200,000 square feet (18,600 square meters) in Ross’ development, which will include a new artificial intelligence “institute” featuring a startup accelerator for early stage tech companies.
“West Palm Beach is the latest move in ServiceNow’s tradition of embracing bold economic developments across the country,” Chief Executive Officer Bill McDermott said in a statement. “This will be a compelling magnet for talent, a strong engine for growth, and a dynamic hub for America’s AI leadership.”…