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Venture X CityPlace Readies for Opening in West Palm Beach

Grand Opening Event To Feature VIP Guests and Tours of Facility

WEST PALM BEACH, FL, October 25, 2018 /24-7PressRelease/ -- Venture X®, a premium membership-based workspace community for entrepreneurs and businesses, is now open for tours and has announced the Grand Opening event of its shared office spaces at CityPlace in the downtown business district of West Palm Beach. The invitation only event, which will take place at 5 p.m. on Tuesday, Oct. 30, will feature a ribbon-cutting ceremony, appearances by VIP guests, and tours of the new facility.

"West Palm Beach has been a top target location for Venture X since the beginning," said Tom Weber, Venture X president. "It's one of the most rapidly growing cities in Florida, and the renewed focus on CityPlace as a vibrant downtown live-work-play destination is perfectly aligned with what we have to offer."

Related Companies, the developers behind the 72-acre CityPlace district, is excited to welcome Venture X to its roster of first-class tenants, including more than 60 shopping, dining and cultural offerings.

"From young entrepreneurs to C-Suite executives, coworking is the new way of conducting business in major cities across the world today," said Gopal Rajegowda, Senior VP, Related Companies. "As we continue to become more globally connected through technology, people are in search of comfortable work spaces in urban landscapes, and we are proud to have Venture X open its doors in CityPlace."

Venture X CityPlace, West Palm Beach will offer more than 12,500 square feet of shared workspace and private offices, with an additional 4,500 square feet available for expansion, making it the perfect choice for businessmen and women seeking modern office space solutions. "We are revolutionizing the way business is conducted in today's fast-paced world," said Weber. "Our shared workspaces have proven to be extremely popular, and more and more Venture X offices will be opening across the United States."

According to franchisee Dale Hedrick, who is the founder and president of Hedrick Brothers Construction, Venture X CityPlace is on the cutting edge of how today's workforce and entrepreneurs envision a quality work environment. "The combination of modern workspaces and boutique hotel-style hospitality is professional and welcoming," he said. "We provide diverse options to our members that range from entrepreneurs, creative professionals, freelancers, and remote workers, to startups, non-profits, small businesses and even representatives of fortune 500 companies."

Venture X is part of the United Franchise Group, a 30-year old franchising company, which is home to 1,600 franchisees in a variety of industries throughout the world.

Venture X CityPlace amenities include concierge-level member services, secure 24/7 access, Internet high-speed service, business-class copier/scanner/printers, fully equipped meeting rooms, centralized café and lounge areas, free coffee, tea, filtered water, and weekly catered breakfast/lunch. Weekly events focus on social, educational, cultural, and entrepreneurial themes to help businesses grow and to develop meaningful relationships. Flexible membership plans start from $40/month. All full-time members have access to common areas at every Venture X location around the world. Additional details on workspace options and services are available at www.venturex.com/plans.

About Venture X
Venture X is part of the United Franchise Group family of brands, joining a team with more than 30 years of franchise experience. The Venture X franchise concept offers membership-based, flexible workspace where businesses launch, develop and grow in an environment designed for innovation with an engaging, diverse community and concierge-style services. Founded in 2012 by entrepreneurs and father- son duo 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 venturexfranchise.com.

About UFG
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, SuperGreen Solutions, Transworld Business Advisors, Accurate Franchising, Jon Smith Subs, Venture X, and the Great Greek Mediterranean Grill. With over three decades in the franchising industry and more than 1,600 franchisees throughout the world, United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.

ABOUT RELATED COMPANIES
Founded more than 40 years ago, Related Companies is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, fund management, marketing and sales. In West Palm Beach, Related Companies developed the 72-acre CityPlace, CityPlace Office Tower, 400-room Hilton West Palm Beach directly connected to Palm Beach County Convention Center and RH West Palm: The Gallery at CityPlace. The company is currently undertaking the reimagination of downtown West Palm Beach and evolving into the Southeast's leading district including best-in-class residential, hotel, culinary, entertainment, education, art, culture and retail. For more information on Related Companies, please visit related.com.

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