Three-phase Project Underway—Completion Expected in the Summer

WEST PALM BEACH, FL, July 19, 2018 /24-7PressRelease/ — Due to popular demand—and as they reached their one-year anniversary on May 25—Venture X completed Phase One and Two of expanding the second floor of its facility located at 18911 Hardy Oak Blvd, San Antonio, TX. The overall expansion will incorporate an additional 7,607.4 square feet of space and will add conference rooms, additional seating, private office spaces, a pantry, and lounge areas.

The project is to be completed in three phases, the first of which was completed on June 1, providing 1,219.6 square feet. The second phase, also completed on June 1, added 3,018.2 square feet, and the final phase, set for completion in July 2018, will contain a build-out of 3,369.6 square feet.

Phase One and Two had secured members occupying 100% of the new space prior to completion. One of those members is Clover Health, who joined the community back in October 2017, and the second member is Tri-Net, both National firms.

“As a provider of boutique-style concierge services and hotel-inspired, high-level office spaces for businessmen and women, the demand for our service has been beyond expectations,” said Michelle Solis, Business Manager for Venture X San Antonio, “Our business model has proven to be a great alternative for business men and women and provides the perfect core setting for people to network, mentor, and learn across a variety of industries.”

According to Solis, the additions are to include four lounge areas, seven private offices, and three conference rooms that total 80 seats.

The newest flagship location in Dallas is an example of the expansion enjoyed by Venture X, a subsidiary of United Franchise Group. The company previously opened new workspaces in Harlingen and Brownsville, and future in-state expansions will include offices in Fort Worth and Frisco, Texas. Long-term expansion plans call for workspaces in Houston, Austin, and McAllen, Texas.

The modern shared workspace concept is vital in today’s fast-paced, ever-changing business world. Venture X specializes in identifying business needs and applying concepts and practices to help businesses of all sizes grow—including professionals that work remotely. According to the Bureau of Labor Statistics, 65 million people will be freelancers, temps, independent contractors, or entrepreneurs by 2020. This will comprise 40 percent of the national workforce.

“Venture X is all about innovation, and in today’s workplace that’s the foundation of business growth,” said David Diamond, chief executive officer. “We are a premier provider of membership-based flexible workspaces and we will be opening more offices so businesses can launch, develop, and achieve success. Our unique, innovative system appeals to a wide membership base that seeks a well-designed, professional space to conduct business, to connect, and to grow.”

Buying into a proven business model, such as Venture X, eliminates the trial and error process of “learning as you go.” Franchisees receive training and ongoing support from industry experts—all of which is non-existent when starting a business from the ground up.

“There is a huge interest in this brand, and to complement what we’re doing in Texas we also will be expanding nationally,” said Tom Weber, brand president. “Future plans call for new office spaces to open in Denver (CO); West Palm Beach, Palm Beach Gardens, Doral (FL); Indianapolis (IN); Columbus (OH); South Lake City (UT); and Arlington (VA).” According to Weber, there are approximately 40 locations currently in some stage of construction or development.

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

About Venture X
Venture X is the latest addition to 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 (CEO) and Brett (COO) 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, Venture X, SuperGreen Solutions, Transworld Business Advisors 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.


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