The Venture X Brand Experiences Another Round of Growth in Texas

The opening of a new Plano, Texas location is the latest in a succession of growth developments

WEST PALM BEACH, FL - July 19, 2018 /24-7PressRelease/ - The demand for flexible/coworking workspaces continues to rise, and in the state of Texas, Venture X is preparing to meet that need. According to JLL Incorporated, by 2030, thirty percent of all commercial office space will become "flexible space". Venture X, the premium membership-based workspace and community for entrepreneurs and businesses, is continuing a huge growth trend in the Texas market, most recently with the opening of a new location in Plano.

Recognized as one of best coworking spaces in the U.S., Venture X had previously opened locations in Dallas and other cities throughout the state. The shared workspace company, which already has a presence in San Antonio, Harlingen, Galleria and Brownsville, has expansion plans underway in Las Colinas/Irving, Richardson, Houston, Plano, as well as multiple other locations throughout Dallas. The opening of the new workspace in Plano had a massive response from the business community.

"We are honored to be welcomed by so many growing entrepreneurial communities in the great state of Texas that are joining us in our journey to provide a Venture X in every major city where members can connect, be inspired, improve their businesses and experience fulfilled rich lives in doing what they love," said David Diamond, Venture X Co-founder.

The Plano grand opening took place last month with more than 150 members of the community including Mayor Harry LaRosaliere, Police Chief Gregory W. Rushin and the Plano and Frisco Chambers of Commerce, who conducted a Ribbon Cutting Ceremony to welcome the newest Venture X location. "After the grand opening the interest in the space tripled," said Mani Patel, owner of the Plano location in the One Legacy West building.

"Our workspaces are part of the local community, so we are not surprised by the turn out," added Diamond. "Caring about our neighborhoods is important to us as we enjoy connecting people with meaningful relationships locally and helping members with global connections to every Venture X location in addition to our online member network."

Part of the continued growth in Texas included the expansion of the San Antonio, Hardy Oak Blvd. location, on its one-year anniversary in May. The expansion added a second floor to the venue and an additional 7,607-square-feet of space to include new conference rooms, additional seating, private office spaces, a pantry, and lounge areas. The much-anticipated completion of the project is scheduled for July.

Expected to open more than 20 domestic locations by the end of 2018 and over 40 in development, as well as several global locations with agreements in place for development in the Middle East and North Africa. Venture X has been growing rapidly in response to entrepreneurs and businesses looking for premium, innovative designed flexible office space solutions. Outside of Texas the next Venture X locations to open are in Dublin (CA); Denver (CO); West Palm Beach, Palm Beach Gardens, Orlando, Doral (FL); Indianapolis (IN); Columbus (OH); Marlborough (MA); Salt Lake City (UT); Arlington (VA); and La Crosse (WI).

"The up-and-coming locations are most definitely part of the rapid growth that we are experiencing to position Venture X as a key player in the entrepreneurial business markets throughout the world," said Tom Weber, President of Venture X. "There is a huge interest in this brand," he added, saying that there is a particularly high level of interest from the hotel and hospitality industries, nationwide.

Venture X attracts a diverse membership of entrepreneurs, creative professionals, freelancers, remote workers, startups, non-profits, small businesses to large teams from fortune 500 companies.

Amenity-rich spaces include concierge-level member services, secure 24/7 access, super-fast Internet, high-speed copier/scanner/printers, meeting rooms that are fully equipped with the latest presentation and conference technology. Additional benefits include centralized café & lounge areas that serve as a hub of activity and foster naturally the collaborative community, free coffee, tea, filtered water, and weekly catered breakfast/lunch, weekly events focused on social, educational, cultural, and entrepreneurial themes, and an online and in person member network to make connections, collaborate, share expertise, and get inspired. All to help businesses grow and to develop meaningful relationships.

Each location is locally owned by a franchisee who understands the local community, competition and market that they live and work in. Those local connections and being knowledgeable and part of the local community are a competitive advantage. They are better than anyone to give a great experience to Venture X members.

For more information about Venture X, including membership plans and workspace options, visit online at www.VentureX.com.

About Venture X

Venture X is a shared workspace and community that is a blend of boutique hotel and modern office styles with a high level of design that feels professional and welcoming. We are designing beautiful spaces and developing an environment and community that people love coming to work to every day. Founded in 2012 by entrepreneurs, father and son, David and Brett Diamond, Venture X has been recognized by Inc. as one of the best co-working spaces in the United States. For more information, visit www.VentureX.com.

About United Franchise Group

"The Global Leader for Entrepreneurs." United Franchise Group is a group of affiliated companies and brands. Led by CEO Ray Titus, United Franchise Group is home to a variety of internationally recognized brands including Signarama, Fully Promoted, Experimac, Jon Smith Subs, Venture X, SuperGreen Solutions, Transworld Business Advisors and The Great Greek Mediterranean Grill. With over three decades in the franchising industry and more than 1600 franchisees throughout the world, United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.

Contact:

Ashley Soto
Ink Link Marketing
Voice: 305-631-2283

SOURCE Venture X

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