Co-Working Firm to Open Location at CityPlace West Palm Beach

The new Venture X location will total approximately 12,500 square feet of shared workspace and private offices at CityPlace West Palm Beach at 700 South Rosemary Ave.

Related Companies is in the midst of reimagining the CityPlace West Palm Beach complex.

WEST PALM BEACH, FL—Co-working franchise Venture X reports it will be opening a new location in Downtown West Palm Beach this fall at Related Companies’ CityPlace West Palm Beach development.

The new Venture X location will total approximately 12,500 square feet of shared workspace and private offices at CityPlace West Palm Beach at 700 South Rosemary Ave.

The Venture X franchise brand, headquartered in West Palm Beach, announced earlier this year it expects a total of 30 new locations to open this year, including eight new Texas locations in the first half of 2018, and a new location in Colorado, Virginia, Indiana, Ohio, Wisconsin, Massachusetts, Florida and New Jersey.

“West Palm Beach has been a top target location for Venture X almost since the beginning,” said Tom Weber, Venture X president. “This is 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 our offering.”

Venture X co-working amenities include concierge level member services, secure 24/7 access, high speed Internet, high speed business class copier/scanner/printers, and meeting rooms that feature the latest presentation and conference technology. Additional benefits include centralized café and lounge areas, weekly events focused on social, educational, cultural, and entrepreneurial themes, and an online and in-person member network. Flexible membership plans start from $40 per-month. All full-time members have access to common areas at every Venture X location around the world.

Founder and president of Hedrick Brothers Construction Dale Hedrick, franchisee for the Venture X CityPlace West Palm Beach location, says, “A best-in-class environment is being created in response to research and market demand for this type of space. Our location in the CityPlace district is a key component for the collaborative and community-driven focus of Venture X members.”

New York City-based Related is in the midst of redeveloping the 72-acre CityPlace district, which includes more than 60 shopping, dining and cultural offerings. Recently, Related has proposed to demolish the former Macy’s building and in its place build 350 luxury apartments, retail and restaurants, according to published reports.

“Our vision for the CityPlace district is that of a vibrant, contemporary, urban neighborhood for locals and visitors alike to do business, shop, dine, and enjoy entertainment all steps from their front door,” said Gopal Rajegowda, SVP, Related Cos. “Venture X CityPlace will be an essential component of this reimagined experience.”