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SoulCycle Houston features 56 bikes and is located in the River Oaks District Photo courtesy SoulCycle
<p><span data-scayt-lang="en_US" data-scayt-word="SoulCycle">SoulCycle</span> Houston features 56 bikes and is located in the River Oaks District. (Photo courtesy SoulCycle.)</p>

SoulCycle Expands into Texas with Plans for Growth in Other Markets

The boutique indoor cycling brand SoulCycle&nbsp;recently opened is first Texas studio in Houston, and a second location is planned for Dallas.

SoulCycle, New York City, has expanded into the Lone Star State.

The boutique indoor cycling brand recently opened is first Texas studio in Houston and has plans for a second location in Dallas, according to a SoulCycle media release posted on the Houston Style Magazine website.

SoulCycle Houston features 56 bikes and is located in the River Oaks/Upper Kirby Area on Kirby Drive. An opening date has not been announced for SoulCycle Dallas, a 3,700-square-foot studio in the Preston Hollow neighborhood of North Dallas on Northwest Highway. The SoulCycle classes in Texas are $30 per session, according to the release.

The SoulCycle location in Houston is about two miles from Equinox's first club in Houston, which opened in December 2015. The Equinox club in the River Oaks District became the company's third Texas location, with the other two located in Dallas. SoulCycle is owned by Equinox, New York City.

SoulCycle has more than 56 locations nationwide and is expected to expand to upwards of 60 locations by the end of 2016 with additional studios planned for New York, Los Angeles, Chicago, London "and beyond," according to the release. SoulCycle currently has 12 locations in Southern California and three locations in Chicago, according to its website. A location in London would be the company's first.

On Monday, the New York Post reported that SoulCycle will be opening a location in New York City at 21 West End Avenue in a 43-story residential tower adjacent to the Trump Place apartment buildings. An opening date was not announced in the report. 

In February, SoulCycle expanded to three locations in the Boston area with the opening of its Beacon Hill club.

SoulCycle filed papers for an initial public offering (IPO) in July 2015 and filed an amended registration statement with the Securities and Exchange Commission in December 2015, but a date for the IPO has yet to be announced. In March, Equinox CEO Harvey Spevak cited underperforming IPOs over the past year as a reason for SoulCycle's IPO delay. Elizabeth Cutler and Julie Rice, who co-founded SoulCycle in 2006, resigned their positions as co-chief creative officers in April.

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