.

Equinox Gym Coming to Villa Marina Marketplace

The upscale fitness club will open in spring 2012.

Equinox Fitness Club will be coming to the Villa Marina Marketplace after signing a lease for a 30,000-square-foot space at the sprawling entertainment and retail center.

Chicago-based property management and leasing firm Jones Lang LaSalle said in a statement that the addition of Equinox marks a major milestone in the $25 million redevelopment of the 419,000-square-foot Villa Marina Marketplace, which is in Del Rey with a Marina del Rey postal designation.

“As an anchor tenant at Villa Marina Marketplace, an upscale Equinox Fitness Club will serve our high-income consumers in the Marina del Rey trade area,” said JLL senior Vice President William P Huelsman.

New York-based Equinox will offer a retail store, cafe, children's club, a Wi-Fi lounge and a full service spa. The gym is scheduled to open in spring 2012.

"Our goal has always been to meet the needs of the discriminating fitness consumer who demands quality and value. If there was ever a market for Equinox, it’s clearly Marina del Rey,” said John Klein, Equinox Fitness Club's vice president of real estate.

Equinox currently has nine fitness clubs in Southern California and operates gyms in Northern California, New York, Chicago, Boston, Dallas, Connecticut, Florida and Washington, D.C.

The redevelopment of the whole Villa Marina Marketplace is scheduled to begin this fall with an expected completion in summer 2012. The remodeled center's design will combine a sense of the beach with upscale stores and restaurants, including Gelson's, Sports Chalet and Barnes & Noble.

Jones Lang LaSalle manages the largest third-party retail portfolio in the country, including more than 300 malls, strip centers and mixed-use centers. The international firm has a retail portfolio of 269 million square feet of property under management and leasing worldwide.

Jones Lang LaSalle reported net income of $1.5 million in its first quarter 2011 earnings report, compared with net income of $200,000 for the first quarter of 2010. Revenue for the first quarter of this year was reported at $688 million, an increase of 18 percent compared with the first quarter of 2010.

TC September 05, 2011 at 10:30 PM
Hi John, the Souplantation moved to the Howard Hughes Center. They opened in December 2010. I'm not sure where Antica Pizza is going to relocate.
apmarina September 05, 2011 at 11:04 PM
I wouldn't count on a Whole Foods coming in any time soon, not with one up at Rose Ave and another down in El Segundo, but there's been talk of a Trader Joe's which would be nice (not necessarily here, but somewhere in the marina). I can't take anyone seriously though, who thinks Gelson's is "nasty". Way too expensive yes, but nasty, no.
Tonya September 15, 2011 at 08:05 PM
This is wonderful, I am an Equinox member and can't wait! I'm hoping that the parking is not a nightmare, because the structure and the spaces are not well designed. Maybe an attendant during the opening might be helpful, or maybe there will be ample parking offered across the street. In any event, I can't wait! Hope this location will have upgraded, state of the art machines too!
David Nelson September 22, 2011 at 11:56 AM
I used to work at Koo Koo Roos back in 2001 and at Vons in 2002 when I was in high school and starting college. The Villa Marina Marketplace holds a special place in my heart to this day. I used to do my homework at Barnes and Noble, eat at Souplantation. I think an upgrade for the shopping center would be great because with Fox Hills, the Santa Monica malls getting upgraded and also with The Bridge even getting remodeled, its time for the Marina to rise again. But I hope the developers dont forget about the middle class people like me who love the marina.
joanna epstein June 18, 2012 at 03:25 AM
I hope to see souplantation re-opening soon. I hope that there will be a reduced rate for seniors who are on social security but trying to stay healthy!

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »