Two club companies, LA Fitness International and Gold’s Gym International, are moving their corporate headquarters.
LA Fitness will stay in Irvine, CA, but will move to the Michelson office building in Irvine, the Los Angeles Times reported. LA Fitness will have a 10-year lease starting in June and will increase its headquarters by about 30 percent to more than 91,000 square feet, the newspaper reported. The Michelson is a 553,000-square-foot high rise with panoramic views of the Pacific Ocean, according to another report.
Gold’s parent company, TRT Holdings, announced plans to relocate and consolidate its headquarters from Irving, TX, to Dallas. A 170,000-square-foot building will be developed on the old Parkland Hospital campus and is scheduled to open in the summer of 2013, according to a press release from TRT Holdings. The six-story building, which will include a health club, will house about 275 employees of Gold’s, TRT Holdings, and Omni Hotels and Resorts, which also is owned by TRT Holdings.
“As our organizations continue to grow and prosper, we want to ensure that our office environment meets the needs of our teams today and far into the future,” Jim Caldwell, president of TRT Holdings, said in a statement.
TRT Holdings is anticipated to make a $40 million investment with the project, according to the release.
“This move to Dallas is significant because it speaks volumes about the economic vitality of our city and its appeal as a premier location for business headquarters,” Dallas Mayor Michael S. Rawlings said in a statement.