Hoping it will be the future of modern offices in a post COVID-19 world, a real estate investor has officially launched Venture X in Bethlehem, with a grand opening Tuesday.
“I took the initiative to bring Venture X to the Lehigh Valley and to showcase our first opening in Bethlehem, because we believe that exceptional people, with exceptional careers, deserve an exceptional space to grow,” said Terry Wallace, Venture X Bethlehem CEO. “From years of commuting to NYC, I wanted the same benefits of a NYC office space here in the Lehigh Valley.”
Venture X is part of a professional co-working franchise that offers private office space and shared office space with flexible month to month agreements. A membership in Venture X provides access to facilities it has across the country and internationally.
The Bethlehem Venture X, which was designed by Spillman Farmer Architects, is at 306 S. New St. in Bethlehem in the recently built gateway building,.
The 13,000-square-foot facility has 40 office spaces of varying sizes and was designed around new COVID-19 health requirements including contactless entry and sign in.
The concept began in Naples, Florida and spread to other states, including New York, Boston, California and Texas.
This office is the first Venture X in Pennsylvania.
Wallace said he hopes to grow the concept in the Lehigh Valley.
“The City of Bethlehem has proven to be the best place for our first office. I look forward to Venture X becoming a strong economic partner in all three of the major Lehigh Valley cities, by providing world-class office space, amenities, and services,” he said.