Macerich (NYSE: MAC), one of the nation’s leading owners, operators
and developers of high-quality retail and mixed-use properties in
top markets, today announced that high-end fitness concept Club
Studio is coming to Santa Monica Place. The 48,000-square-foot Club
Studio replaces the first level of the former Bloomingdale’s
location at the property.
Club Studio will be located on level one below ARTE MUSEUM – the
50,000-square-foot, immersive art phenomenon set to open in 2024 in
the former ArcLight Cinemas location on level three – advancing
Macerich’s planned repurposing of the full former department store
and theater space. Macerich expects to announce an exciting
complementary use for the second level within the coming
months.
“Club Studio adds a terrific new use to our slate of top-drawing
retail, dining and entertainment experiences at Santa Monica
Place,” said Doug Healey, Senior Executive Vice President, Leasing,
Macerich. “We’ve seen proof of how symbiotic, high-end fitness uses
add traffic and energy from early mornings to late evenings at our
top Regional Town Centers. Club Studio is an outstanding fitness
brand with a very loyal and growing clientele, and we are very
pleased to welcome them to Santa Monica Place.”
Club Studio offers innovative classes with premier instructors
and top-tier trainers. Key design elements are emphasized through a
variety of class selections, state-of-the-art amenities, and some
of the best equipment in the industry. Club Studio members will
thrive in this thoughtfully designed environment that fosters both
physical and mental well-being. Members will recognize a sense of
community that is manifested through visionary and sophisticated
design and will be inspired to reach for, achieve, and ultimately
surpass their personal fitness goals.
Club Studio features five unique boutique studio rooms: CS4,
Box, Ride, Hot Yoga and Reformer Pilates. The club also features a
dedicated recovery space complete with full-body Cryotherapy and
Red light therapy for athletic recovery and muscle repair and
access to massage rollers, and compression therapy precisely
designed to adapt powerful vibration and pressure to the body’s
unique physiology. The club also includes steam rooms, infrared
saunas, and towels. Personal training and studio one-on-one
sessions, a high-end juice bar and a retail store are also
available to members – along with ample and convenient parking.
“Great access and parking are key components of the exceptional
value we always strive to provide our members and Santa Monica
Place virtuously sits in distinct possession of both. Club Studio
aims to provide a top-quality fitness experience that is convenient
for its members, and Santa Monica Place aligns with that vision,
said Bill Horner, SVP Chief Real Estate Officer. “The vibrant
atmosphere and lively community create a dynamic backdrop for our
club, and we are confident that Club Studio will quickly become a
sought-after destination for fitness, wellness, and those looking
for an elevated fitness experience.”
Announced in January 2023, ARTE MUSEUM is currently under
construction and is expected to draw 1 million visitors annually to
Santa Monica Place, which is a year-round magnet for international
and domestic visitors and affluent locals in this perennially
strong Southern California beach city. Adding to the list of
top-drawing attractions coming to the third level at Santa Monica
Place, is the highly anticipated Din Tai Fung. Known for “the
world’s greatest dumplings,” Din Tai Fung will open in a prime,
10,615-square-foot, indoor-outdoor location with ocean views across
from ARTE MUSEUM.
About Club Studio: Club Studio is a
cutting-edge fitness experience that brings state-of-the-art
amenities and boutique fitness classes together in one gym. To
learn more about Club Studio's growth,
visit clubstudiofitness.com and follow Club Studio on
Facebook, Instagram or by downloading the mobile app.
About Fitness International:Fitness
International, LLC is one of the fastest-growing health club chains
in the U.S., with over 700 locations across 27 U.S. states and
Canada. Operating the brand names LA Fitness, Esporta Fitness, City
Sports Club, and Club Studio, the company’s mission is to help as
many people as possible achieve the benefits of a healthy lifestyle
by creating a nationwide network of health clubs, offering its
members the widest range of amenities and the friendliest service
at an affordable price. To learn more about Fitness International’s
growth, visit lafitness.com, esportafitness.com,
citysportsfitness.com and clubstudiofitness.com. Follow Fitness
International on Facebook, Instagram or by downloading its mobile
apps.
About Santa Monica PlaceLocated steps away from
the Pacific Ocean, the unique, all-outdoor Santa Monica Place is
home to Nordstrom, Louis Vuitton, Tiffany & Co., Rolex, Nike,
Tonal, All Saints and Hugo Boss, plus dozens more shops and an
inspired collection of restaurants and entertainment experiences
including True Food Kitchen, The Cheesecake Factory, LouLou and
more. For more information, please visit Santa Monica Place |
Home.
About MacerichMacerich is a fully integrated,
self-managed and self-administered real estate investment
trust (REIT). As a leading owner, operator and developer of
high-quality retail real estate in densely populated and attractive
U.S. markets, Macerich’s portfolio is concentrated in California,
the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York
to Washington, D.C. corridor. Developing and managing properties
that serve as community cornerstones, Macerich currently owns 47
million square feet of real estate consisting primarily of
interests in 44 regional town centers, many of which
contain mixed uses. Macerich is firmly dedicated to advancing
environmental goals, social good and sound corporate governance. A
recognized leader in sustainability, Macerich has
achieved a #1 Global Real Estate Sustainability Benchmark
(GRESB) ranking for the North American retail sector
for eight consecutive years (2015-2022). For more information,
please visit www.Macerich.com.
Macerich uses, and intends to continue to use, its Investor
Relations website, which can be found
at investing.macerich.com, as a means of disclosing material
nonpublic information and for complying with its disclosure
obligations under Regulation FD. Additional information about
Macerich can be found through social media platforms such as
LinkedIn. Reconciliations of non-GAAP financial measures, including
NOI and FFO, to the most directly comparable GAAP measures are
included in the earnings release and supplemental filed on Form 8-K
with the SEC, which are posted on the Investor Relations website
at investing.macerich.com.
MAC-LSOURCE: MacerichMEDIA CONTACT: Karen Maurer, Macerich,
602-708-6311, Website: http://www.macerich.com
A Media Snippet accompanying this announcement is available by
clicking on the image or link below:
https://ml.globenewswire.com/1.0/snippet/2361/eng
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