The City of Sand Springs and League Capital, LLC announced on Tuesday the latest addition to the Riverwest Development.
A newly constructed 20,000 square foot Planet Fitness being developed by Tulsa-based League Capital, LLC, will be operated by Excel Fitness Holdings, a leading franchisee of Planet Fitness from Austin, TX.
The state-of-art fitness facility will be located at 100 W. Morrow Rd, within the Riverwest Development, in the heart of Sand Springs’ rapidly growing retail, commercial, and entertainment corridor.
“Sand Springs is excited to welcome Planet Fitness to our community and their inclusion puts an exclamation mark on the end of the Riverwest project that has been one of the most impactful projects funded by Vision 2025,” said Mayor James O. Spoon.
“When our City Manager approached us with the possibility of having a Planet Fitness in Sand Springs, I visited one of their locations in Tulsa,” said Councilman Mike Burdge. “I was very impressed with their dedication to being part of the community; especially to the health of our students.”
Construction on the approximately $8,000,000 project will commence this summer with hopes to achieve completion this calendar year. The facility will add another key quality of life component servicing Sand Springs and the surrounding communities by providing a high-quality fitness experience at an exceptional value, in a welcoming, non-intimidating environment.
The Sand Springs Planet Fitness will include brand new cardio machines and strength equipment, a 30-Minute Express Circuit, 60” HDTVs spanning the length of the gym, and fully equipped locker rooms with day lockers and showers, all geared toward promoting an active lifestyle.
“This marks the 12th location from our franchisee group in the state and, as one of the largest franchisees in Oklahoma, we’re excited to become a part of the Sand Springs community,” said Excel Fitness CEO CJ Bouchard.
“We are focused on each individual community where we have a club and thrilled to create a workout environment where everyone in Sand Springs feels accepted and respected.”
“Our Sand Springs club will have the best of the best when it comes to fitness, with plenty of cardio to make sure you can get in and out for a workout on any schedule,” said Bouchard.
Excel Fitness Holdings is a leading Planet Fitness franchise group based in the Austin area with over 125 locations across Texas, Oklahoma, Arkansas, Missouri, North Carolina, Virginia, Tennessee, Georgia, and Utah. Excel Fitness has built a team culture that focuses on elevating the member experience by developing exceptional health clubs and delivering world-class customer service. The team is passionate about building communities through fitness and supporting their local markets through employment and memberships opportunities that positively impact lives.
League Capital, LLC is a private equity firm specializing in commercial real estate. Founded in 2009 in Tulsa, OK. Roy Brashears with Orion Real Estate represented the Seller (City of Sand Springs) and Paine & Associates, LLC represented the Buyer (League Capital, LLC).
“We are pleased to play a meaningful role in developing this project in conjunction with our long-standing and valued client -Excel Fitness Holdings,” said League Capital Managing Member Matthew C. Mardis.
“We would like to thank all of the representatives with the city of Sand Springs, as they have been a pleasure to work with throughout this process.”
“We would like to thank our design team - GS Helms, Cedar Creek Consultants, and Wallace Design Collective; our legal representatives Eller & Detrich, and our lending partner American Bank & Trust, for assisting us in bringing this project to fruition.”