Wellbridge Sells One Club, Announces Denver Club Opening
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San Antonio The Wellbridge Co. recently sold the Concord Athletic Club & Spa in San Antonio to Spectrum Athletic Clubs, Los Angeles, and announced a new Colorado Athletic Club, which will open later this year in Denver.
The purchase of the 65,000-square-foot facility gives Spectrum 10 clubs in San Antonio, with an 11th set to open in June in the South Texas Medical Center. Spectrum also has 12 clubs in Southern California.
The Concord club will be renamed Spectrum Athletic Club at Concord Plaza. The club includes strength and cardio equipment, courts for basketball, racquetball and squash, a 25-meter indoor pool, and other amenities.
Spectrum has hired Concord's 100 employees, says Andy Gillen, Spectrum's chief operating officer.
We've seen this as a great opportunity to add to our family of clubs for quite some time, Gillen says. It's a fantastic outcome for members and staff at Concord. We'll maintain that high-end presence in San Antonio.
The Colorado Athletic Club at Tabor Center in downtown Denver will include a 25-meter, four-lane indoor pool, cardio and strength equipment, group exercise studios and other amenities.
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