Washington, D.C. (January 24, 2023) – Gold’s Gym, the iconic fitness company with more than 700 gym locations worldwide, is set to open an all-new fitness facility in Georgetown. The company is bringing an approximately 24,000-square-foot fitness facility with state-of-the-art equipment and expert personal training to Georgetown Park, a retail destination situated between Georgetown’s two Main Streets and the historic C&O Canal.
Projected to open in fall 2023, the new Gold’s Gym will offer guests the opportunity to participate in a wide range of classes, including yoga, HIIT, and a full schedule of Les Mills group exercise classes. The fitness facility, which will be located on the lower level of the retail market, will mirror many of the progressive design elements of the company’s flagship location in Berlin. The space will incorporate natural wood elements, greenery, and a clean, modern locker room experience including an infrared sauna and 2,500 square feet of turf. Additionally, membership offerings will include various recovery products to ensure members can rejuvenate their bodies properly and maximize their fitness potential.
“We are excited to partner with Gold’s Gym, one of the most iconic names in fitness, to create a gym experience that celebrates and embraces the Georgetown community. Our aim is to create places that are fundamentally local, humble, aspirational, and inclusive, and Gold’s Gym aligns with that mission. They will provide an open and light-filled space with inclusive programming for a range of skill sets, offered at an accessible price point,” said Mark Witschorik, Director of Asset Management for the Mid-Atlantic Region at Jamestown.
“There is a tremendous amount of opportunity to bring health and wellness to the forefront while enhancing the Gold's Gym experience in the D.C. market,” said Matt Clifford, President, CEO and managing partner of Gold’s Gym. “My partners and I are excited to grow our franchise in such a prominent, historic area and look forward to embracing the brick & timber of Georgetown and incorporating that into the operation of the facility.”
Georgetown Park is owned by real estate investment and management firm Jamestown, which is known for its food- and retail-anchored mixed-use hubs, including Industry City in Brooklyn, Ponce City Market in Atlanta, and Ghirardelli Square in San Francisco. After purchasing Georgetown Park in 2014, Jamestown transformed the grounds from an inward-facing enclosed mall into a collection of restaurateurs and premier retailers with dedicated frontage on both M Street and Wisconsin Avenue. The property is located minutes from downtown Washington, D.C., and is easily accessible from Northern Virginia, Maryland, and the greater D.C. Metro Area. The property will welcome a new Italian market and restaurant from James Beard award-winning restaurateur Stephen Starr and Michelin star chef Nancy Silverton later this year.
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Jamestown is a global, design-focused real estate investment and management firm with a 40-year track record and mission to create places that inspire. Since its founding in 1983, Jamestown has executed transactions totaling approximately $40 billion. As of September 30, 2022, Jamestown has assets under management of $13.2 billion and a portfolio spanning key markets throughout the U.S., Latin America, and Europe. Jamestown employs more than 400 people worldwide with headquarters in Atlanta and Cologne, and offices in Amsterdam, Bogotá, Boston, London, Los Angeles, Madrid, Milan, New York, San Francisco, and Washington, D.C. Current and previous projects include One Times Square and Chelsea Market in New York, Industry City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square in San Francisco, the Innovation and Design Buildings in Boston and Lisbon, and Groot Handelsgebouw in Rotterdam. For more information, visit www.jamestownlp.com.
About Gold’s Gym
What started out in 1965 as a small gym in Venice Beach, California has since become the most iconic fitness company in the world – Gold’s Gym. Over the last 55 years, Gold’s Gym has developed into a global brand with over 600 locations spanning 6 continents. Bodybuilding greats such as Arnold Schwarzenegger, Lou Ferrigno and Franco Columbo worked out at the original Gold’s Gym, which went on to become the most legendary gym in the world. In the fitness industry, the brand enjoys cult status and is universal. In 2020, the RSG Group acquired Gold’s Gym and integrated the brand into its portfolio, making it the global leader in the fitness sector. For more information, go to goldsgym.com or follow Gold’s Gym on Facebook, Instagram and Twitter.