Health and fitness facilities in the spotlight
* The second location of Newtone Health & Fitness (Lafayette, Ind.) is scheduled to open Dec. 1. The site, Newtone South, will offer cardiovascular machines, strength-training equipment, aerobics classes, massage and nutrition services, and tanning. The original Newtone has been in operation for more than a decade.
* Lakeshore Medical Fitness, a wholly owned subsidiary of Lakeshore Management (Chicago), an owner and operator of fitness facilities, signed its first contract with Rush Copley Healthplex. The Chicago facility is an affiliate of Rush Copley Medical Center. Lakeshore now manages the 195,000-square-foot facility.
* Houston Metropolitan Racquet Club signed a 15-year lease and launched a $4 million redevelopment project with its landlords, the TrizecHahn Co. of Canada, which will reposition the club as "The MET," an upscale business and sports club catering to senior and middle management professionals in downtown Houston. Renovations will include an expanded fitness center, upgraded locker rooms, dining and sports deli-bar area expansion, full-size basketball court addition, urban day spa, children's center and five international squash courts.
* Australian Body Works (Atlanta) recently opened its largest and first free-standing health club in Kennesaw, Ga. The site becomes the 22nd greater Atlanta location for the company. The 22,000-square-foot facility will include two separate cardiovascular entertainment systems, three aerobic rooms, game room for kids ages 7 to 14, childcare area, certified personal training, towel service, fully equipped locker rooms with dry saunas and lounge areas, massage therapy, chiropractic services, tanning, free video-checkouts and more.
* Capital City Club and Spa, (Washington, D.C.), an 11,000-square-foot fitness center and spa, is expected to open this month on the lobby level of the city's Capital Hilton. The three-level club will feature cardiovascular and strength-training equipment, wireless cardio entertainment system, group exercise room, yoga, kickboxing, Pilates, tai chi, group cycling, locker and steam rooms, massage and skin-care services, and personal training.
* Bally Total Fitness (Chicago) officials said they expect net revenues to grow 10 to 16 percent for the year, in line with analysts' forecasts. Second quarter results showed that its operating margin rose from 13 percent to 16 percent in the same period last year. Net revenues grew 16 percent to $209.8 million. In addition the chain said earnings rose to $9.1 million, from $2 million in the same quarter a year ago.