West Palm Beach boosters long have complained about a lack of office space, a reality that leads many tenants to set up headquarters in Boca Raton instead. That’s what happened with Shoes For Crews, the footwear maker that’s moving from West Palm to Boca.
Shoes For Crews, which makes no-slip shoes for workers at restaurants and other potentially treacherous workplaces, has been headquartered at One Clearlake Centre in West Palm Beach, where it occupies 37,657 square feet.
The company plans to move its 200-person office south in March 2018.
Shoes for Crews is spread over three floors at One Clearlake, but the company will occupy space in one floor at its new Boca location. Boca Raton Innovation Campus is the latest name of the 1.7-million-square-foot campus where IBM developed the first personal computer in the 1970s.
Meanwhile, developers eyeing downtown West Palm Beach face a quandary: Is the office market shallow because tenants lack interest in the city, or because they see a lack of supply? Billionaire Jeff Greene has stalled his plan for Class A office space on Quadrille Boulevard, and Related Group is seeking approval for office space along Flagler Drive.
In 2014, Greene pointed to a then-fresh decision by Cancer Treatment Centers of America to move its headquarters from Illinois to Boca Raton. The company looked at space in West Palm Beach but couldn’t find large blocks of available offices.
“The conventional wisdom is that the demand isn’t there,” Greene said in an interview. “I think the supply isn’t there.”