Fitness Industry Growth

Malls open their doors to the once-shunned fitness industry GGP plans to bring fitness centers to half of its malls in the next decade

(Credit: Getty Images)

Gyms are emerging as popular mall tenants as department stores and retailers shrink or close their stores across the country.

The once-shunned gym has become a popular tenant of malls and shopping centers for two reasons: the fitness industry has boomed and mall owners are looking to fill vacant spaces left by retailers that have closed stores or folded thanks to competition from e-commerce, according to the Wall Street Journal.

Chicago-based Ge上海龙凤论坛sh1f

neral Growt爱上海同城对对碰

h Properties plans to上海贵族宝贝论坛

bring gyms to half of its 115 malls in the next 10 years, CEO San爱上海龙凤419桑拿

deep Mathrani told the newspaper. Phillips Edison Company also has fitness centers in nearly half of its 爱上海同城对对碰

more than 340 grocery-anchored shopping centers.

Memberships to health clubs have increased 26 percent since 2009, and consumers are increasingly comfortable going shopping in their fitness clothes.

In South Florida, Equinox has opened locations at Aventura Mall and the Shops at Merrick Park; LA Fitness anchors shopping centers and malls like the Shops at Sunset Place in South Miami; and even Boca Raton-based Orangetheory Fitness recently opened in the high-end Miami Design District and in Downtown Dadeland. [WSJ] – Katherine Kallergis

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