Gym Operator to Invest $20M in San Diego Fitness Clubs
24 Hour Fitness will make an investment of more than $20 million in its facilities in San Diego, Calif. within the next 24 months. This will be one of the most substantial market investments the firm has made over the past five years. 24 Hour Fitness operates more than 30 clubs in out of 420 clubs nationwide.
The investment program will involve relocations and upgrades to the clubs in Balboa, at University Towne Center and at Westfield Plaza Camino Real.
The Balboa club will relocate from its current location at 7620 Balboa Avenue into a former Albertson’s space at Vista Balboa Center in Kearny Mesa. The new club will feature more than 65,000 square feet of workout space, a full-sized basketball court and an indoor lap pool, among other amenities. The club at 4405 La Jolla Village Drive will move to a new space within Westfield University Towne Center. It will contain more than 45,000 square feet and feature a full-sized basketball court. The club in Carlsbad will relocate from 2213 South El Camino Real to a former Robinsons May space in Oceanside. The club will contain more than 56,000 square feet of space and will feature a full-sized basketball court, a four-lane lap pool, a whirlpool and an extensive outdoor aquatic area, among other things.
“Expansion is always exciting for our company, but even more so today because we have such deep ties to the residents of San Diego, many of whom have been members for more than 20 years,” said Jim McPhail, executive vice president of real estate and chief development officer with 24 Hour Fitness in a statement. “We’re confident these relocations and upgrades will greatly improve our members’ club experience, while also continuing to provide them with the access, convenience and value they’ve come to expect from 24 Hour Fitness.”