Mab Posted October 7, 2015 Share Posted October 7, 2015 http://theleadernews.com/wp-content/uploads/2015/10/ASG-Aerial-View-From-South-e1444231094513.jpg Quote Guy Paproski, CEO of Adventure Sports Gym, calls his proposed project the next step in the evolution of fitness facilities. He and CFO Chuck Baldwin are currently in the midst of raising capital for the massive undertaking, which Paproski says will focus on a group of Houstonians now spending more time and money at local gyms than any other group – Millenials. “In the next five years, millenials will spend almost as much as Baby Boomers and Gen-X’ers combined at fitness gyms and programs across the country,” Paproski said. “Millenials also want their fitness to be fun, adventurous and ever-changing, along with having a social atmosphere and better integrated technology.” With the younger generation driving the growth of the fitness industry, and the breakout success of the CrossFit movement, Paproski and Baldwin are hoping their concept will attract investors. Adventure Sports Gym aims to offer a 115,000 square foot facility, featuring both indoor and outdoor exercise amenities, complete with spin studios, group exercise rooms, cardio and weight equipment, “spa-level” change rooms and saunas and even a ten story tower for rock climbing and other activities. Paproski and Baldwin are looking to raise a total of about $75 million through a combination of equity and investments. The facility would be located adjacent to Memorial Park near the intersection of Washington Avenue and Interstate 10. “There’s nothing really out there that gives young people all of what they want in one location,” Paproski said. He pointed at facilities that concentrate solely on activities like rock climbing and other forms of fitness as not addressing all of the needs of what some young athletes might like to have. “In CrossFit gyms, you don’t exactly have the best amenities in terms of showers and changing rooms,” Paproski said. “There aren’t any one-stop shops to meet everyone’s needs in a Millenial family.” That’s something Paproski wants to change with ASG. One major addition for younger families will also be 20,000 square feet of access-controlled children-only play areas which Paproski called a “McDonald’s PlayPlace on steroids.” “The 5,000 square foot tower in particular will come with some amazing stuff,” Paproski said. “It will include a few 100 foot rock climbs and we’ll also have a Ninja Warrior-esque training area. We’re looking to have about 55,000 square feet dedicated to CrossFit and obstacle training.” Paproski said he is currently working closely not only with the city and potential investors as a kind of private-public partnership, but he and Baldwin are also working with the Memorial Park Conservancy to better integrate the surrounding biking trails along the bayou into the proposed project. According to an investment packet, ASG aims to be a major start-up with its four acre property aiming to begin a long line of competitive facilities over the next decade or so. “[ASG] is a start-up business that envisions building 30-50 premium 100,000+ square foot exercise facilities over the next 10 to 20 years,” according to the investment sheet. http://theleadernews.com/community/proposed-heights-sports-complex-focuses-on-attracting-millenials/ Link to comment Share on other sites More sharing options...
mcook2002 Posted October 7, 2015 Share Posted October 7, 2015 thats not in the heights...but interesting. Link to comment Share on other sites More sharing options...
LarryDierker Posted October 7, 2015 Share Posted October 7, 2015 Cool, but 55000 square feet dedicated to crossfit? haha Link to comment Share on other sites More sharing options...
skooljunkie Posted October 8, 2015 Share Posted October 8, 2015 thats not in the heights...but interesting. Heights, Cottage Grove, Kemah, same thing, right? Someone should buy that reporter some spelling lessons. Link to comment Share on other sites More sharing options...
BullMan008 Posted October 8, 2015 Share Posted October 8, 2015 "Mom, Dad...Can I borrow some money to open a Crossfit gym? I want to help people, change lives, do burpees and Drink Beer!"There are more Crossfit gyms than gas stations in the Heights. Link to comment Share on other sites More sharing options...
Angostura Posted October 8, 2015 Share Posted October 8, 2015 The closest "biking trail along the bayou" is at Shepherd, >2 miles away. Are they planning on digging a tunnel under I-10? Whether or not they'll ever raise the $$ to do this, I think it's a great location for a high-end gym. And as 20-something cross-fitters become 30-something cross-fitters, better changing facilities are a welcome amenity. Link to comment Share on other sites More sharing options...
s3mh Posted October 8, 2015 Share Posted October 8, 2015 Looks like there is a new software application that lets you seamlessly take a drawing off the back of a napkin and superimpose it on a google map image. Putting a gym near memorial park is actually a pretty good idea. A lot of people like to go for a run after they workout at the gym. This location is just under a mile from the tennis center at Memorial. I would put in an indoor pool to get the triathletes interested, too. But Crossfit and obstacle racing are just the exercise flavor of the day. I am not sure I would want to be $75 mil on those. Link to comment Share on other sites More sharing options...
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