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Telecom Hotel Development Spreading Northward

WEST PALM BEACH, FL-US TechCenters of Atlanta is converting a 116,000-sf former mattress warehouse at 1016 Clare Ave. to accommodate computer, switching and routing equipment used by telecommunications firms.

By Harold Kelman | Updated on October 13, 2000

WEST PALM BEACH, FL-Telecom hotel development, already a major focus of activity in Miami, is spreading up the South Florida coast.Three existing local properties are currently being readied for such high-tech tenancies: the Meridian Building on Fern Street, the D&D Centre on North Dixie Highway and a former mattress warehouse at 1016 Clare Ave.

The three-story, 116,000-sf Clare Avenue property was acquired last month by Atlanta-based Holder Properties for an undisclosed sum. Conversion to telecom hotel use is being handled by US TechCenters, a Holder affiliate.

Telecom hotels are generally classified as hybrid space. Rental rates vary, depending on the extent of facility readiness for tech equipment installation and operation.

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