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Venture X has filed a permit for a 19,553 square-foot space in Suite 200 of the Atlanta Financial Center’s South Tower, at 3333 Peachtree Road. Though the office space franchise has over 100 locations worldwide, this will be the first coworking space that Venture X opens in Georgia.
Venture X first started in Naples, Florida in 2012, offering boutique office space for small businesses and tech startups. The company started aggressively expanding its business, franchising with United Franchising Group under CEO Ray Titus and president Jason Anderson.
Venture X celebrated its 100th franchise location a little over a year ago, announced in a press release at the time.
“It’s incredible the strides our franchise has made over the last couple years,” Anderson said in the statement. “It wasn’t long ago when we were actually describing to prospects what ‘coworking’ was. The landscape of the preferred workplace setting is changing rapidly, and entrepreneurs around the globe understand Venture X provides an unparalleled experience with versatile, welcoming spaces that are just as innovative and dynamic as the modern professional.”
The company planned to continue its expansion in 2020 with 25 new locations across seven states, in which Georgia was excluded, along with Costa Rica, Honduras, and Spain. Like with every other business plan, the coronavirus put a halt to Venture X’s vision.
“Now Venture X is reemerging from its world-wide hibernation,” the company said in a press release last week announcing a new flex space in Detroit that was in the works pre-coronavirus.
What Now Atlanta has reached out to Venture X for comment.