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The original item was published from 12/4/2024 12:08:51 PM to 12/5/2025 12:00:00 AM.

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Town of Fountain Hills News

Posted on: December 4, 2024

[ARCHIVED] Local Venture Capitalist Brings State-of-the-Art Regus Workspace to Fountain Hills

Newsflash-Regus

Entrepreneur David Racich, known for founding locally headquartered insurance and finance companies, has partnered with the Town of Fountain Hills to launch a cutting-edge Regus workspace at 16930 E. Palisades Blvd. 

The newly modernized 20,800 square foot space offers flexible workspace solutions, including office space, co-working areas, virtual offices, meeting rooms, telephone answering services, event spaces, private offices, custom offices, and day offices. Designed to accommodate teams of any size, these fully serviced spaces allow members to focus on their work in a professional environment. Whether for short-term, long-term, or flexible use, the Regus Fountain Hills location provides tailored solutions to meet diverse business needs.

"The opening of the Regus Fountain Hills workspace is a significant milestone for our community," said Fountain Hills Mayor Gerry Friedel. "This state-of-the-art facility provides businesses and professionals with a modern, flexible environment to grow and thrive. It reflects our commitment to fostering economic development while preserving the charm and character that make Fountain Hills unique. By offering companies a space equipped with cutting-edge amenities and a design to facilitate collaboration, we’re empowering local entrepreneurs and attracting new talent to our town. The Regus workspace is more than just a building—it’s a foundation for innovation and opportunity in Fountain Hills."

For more than 30 years, Regus has supported businesses in creating ideal workspaces. With a network of more than eight million members and 9,100 employees worldwide, Regus operates workspaces in hundreds of countries, fostering global connections and productivity.

“As a resident of Fountain Hills and a business owner here, this collaboration is a major step forward for our town,” Racich said. “By opening a Regus workspace, we’re enhancing Fountain Hills’ visibility as a destination for local, national, and international companies to conduct business while bolstering economic growth.”

The renovated building officially opened following Racich’s seven-figure investment. Regus staff will manage operations Monday through Friday, while members enjoy 24/7 access to an array of amenities. Committed to the community, Regus has agreed to maintain this location for at least the next 10 years.

Currently, several businesses operate out of the building, including Brokers Alliance, Acrylic Financial, Brooklight Securities, InstaBrain, Integrated IO, and Acrylic Capital Management. Together, these companies employ more than 130 professionals.

For more information about the Regus Fountain Hills workspace, visit www.regus.com/en-us/united-states/arizona/fountain-hills. For more details about the Town of Fountain Hills, visit FountainHillsAZ.gov.

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