![]() Some initial changes include additional fitness classes, upgrades to equipment and more extensive personal training programs, he said. Miller said plans also are to purchase the real estate where the two clubs sit through a separate entity.īrock said the locations will offer "an enhanced fitness facility and experience" and Synergy Wellness will "lead the Sportsbarn into the future with new ideas and programs." The Chattanoogan, who said he's also involved in real estate and construction, added his company is conducting due diligence now with the aim to close the deal in June. "I'll infuse a decent amount of capital into the business," Miller said. Plans are to utilize some of those resources and combine them to turn the Sportsbarn facilities into more of a health club, he said. Jonathan Miller, Synergy Wellness' managing director, said in a telephone interview Wednesday that he already has interests in the health and wellness sector. He said in the note that the two locations will continue to operate under the Sportsbarn name. The Sportsbarn's East location on Lee Highway and the North center on Hamill Road are to be sold to Synergy Wellness Chattanooga, said David Brock, the longtime fitness club's president. The residential portion of the development will cost an estimated $201 million over two phases, Lombard officials said.The Sportsbarn has agreed to sell its last two locations in Chattanooga following the earlier sale of the downtown site, according to a note to members. Plans call for replacing the cavernous, three-level Carson’s store and its vast parking lot with an apartment complex and a public park. Pacific is teaming with Chicago-based Synergy Construction on a major overhaul of the west side of the 54-year-old mall. “What we’re trying to do is really transform the center into a location where people want to live, they want to shop, they want to dine and they want to be entertained,” said Najla Kayyem, executive vice president of Pacific Retail Capital Partners, the owner of the core mall property. But Yorktown has sought to reinvent itself by thinking outside the big box. The department store closings have turned other enclosed malls into retail ghost towns. All but one of those chains have gone extinct. The Lombard mall originally was anchored by Carson Pirie Scott, Montgomery Ward, Wieboldt’s and JCPenney. Yorktown Center ushered in the rise of the suburban shopping mall when it opened in 1968.
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