Established higher-end, large-format fitness clubs such as LA Fitness, Lifetime Fitness, and 24 Hour Fitness are all adding multiple new locations throughout North Texas. At the same time, existing budget, large-format concepts such as Planet Fitness, Fitness Connection, and Texas Family Fitness are adding multiple new locations, too. Cowboy Fit and Fit Factory are new large-format club entries into the market, and both are looking to expand their footprints. Tru Fit is another large-format budget concept that is scouting new sites in the market.
In addition, smaller, specialty facilities such as Soul Cycle, BURN, CycleBar, Bar Method, Orange Theory Fitness, Stretch Zone, Studio 6 Pilates, TITLE Boxing, 9Round, Sweat, and several CrossFit gyms and yoga studios are all adding new locations as well. TruFusion, another new arrival to town, is combining several of these specialties under one roof and is looking for multiple sites. Additionally, LA Fitness and some of the other higher-end gyms are adding specialty facilities inside their clubs, such as LA’s Hot Yoga and HIIT rooms.
Fitness users are doing ground-up construction, filling vacant retail space, dark junior anchor boxes, and even backfilling vacant big box and anchor spaces. They are opening locations in virtually every corner of the region and catering to a wide variety of incomes. This segment is doing its part to keep both local residents and our economy in great shape.
John Zikos is a partner at Venture Commercial.
