{"id":8471,"date":"2022-09-22T00:00:11","date_gmt":"2022-09-22T04:00:11","guid":{"rendered":"http:\/\/www.clubinsideronline.com\/news\/?p=8471"},"modified":"2022-09-27T17:36:19","modified_gmt":"2022-09-27T21:36:19","slug":"entrepreneurs-invest-180-million-for-15-indoor-private-pickleball-clubs-in-florida","status":"publish","type":"post","link":"http:\/\/www.clubinsideronline.com\/news\/chains\/entrepreneurs-invest-180-million-for-15-indoor-private-pickleball-clubs-in-florida\/","title":{"rendered":"Entrepreneurs Invest $180 Million for 15 Indoor Private Pickleball Clubs in Florida"},"content":{"rendered":"

\"USAUSA Pickleball<\/p>\n

SARASOTA, FL<\/strong> – Commercial real estate entrepreneurs Brian and Valerie McCarthy, along with business partner Matthew Gordon, have set their sights on Florida for deploying more than $180 million to build at least 15 indoor private pickleball clubs. The first venture, under construction now is The Pickleball Club\u2019s Sarasota location, by Lakewood Ranch. This, and all locations will be members only, privately-owned, for-profit sports clubs, fulfilling the niche for indoor amenity based pickleball play.<\/p>\n

The company\u2019s Lakewood Ranch location will open this December. It sits on 2.4 acres and will include 12 indoor courts, two outdoor courts, a retail shop and caf\u00e9 in a 33,000-square-foot facility.<\/p>\n

The entrepreneurs have purchased land for two additional Florida locations and are in negotiations for four more.<\/p>\n

\u201cPickleball is the fastest growing sport nationwide with no signs of slowing down,\u201d said co-founder Matthew Gordon. \u201cWe plan on being the market leader during this all important land-grab phase of the industry, given the tremendous demand for indoor court space.\u201d<\/p>\n

The Pickleball Club (TPC) has also purchased a 4.05-acre site in Bonita Springs for a 38,000-square-foot club with 14 indoor courts, and a 3.5-acre site in Port St. Lucie for a 33,000-square-foot club with 12 indoor courts. TPC will close on a 3.04-acre land purchase in Fort Myers in November 2022 for a 33,000-square-foot club.<\/p>\n

Each club will include $1 million in technology, and will use high definition PlaySight technology, to integrate real-time video into lessons and clinics.<\/p>\n

\u201cThe intensely technological, amenity-based customer experience will be like nothing else in the market today,\u201d said Dominic Catalano, general manager for TPC.<\/p>\n

The company currently has 47 shareholders and has raised nearly $5 million in equity over the past year and a half and is currently accepting accredited investors.<\/p>\n

At the first location to open this winter, TPC has already hired its entire senior leadership team consisting of a staff of 15.<\/p>\n","protected":false},"excerpt":{"rendered":"

SARASOTA, FL<\/strong> – Commercial real estate entrepreneurs Brian and Valerie McCarthy, along with business partner Matthew Gordon, have set their sights on Florida for deploying more than $180 million to build at least 15 indoor private pickleball clubs. The first venture, under construction now is The Pickleball Club\u2019s Sarasota location, by Lakewood Ranch. This, and all locations will be members only, privately-owned, for-profit sports clubs, fulfilling the niche for indoor amenity based pickleball play.<\/p>\n","protected":false},"author":1,"featured_media":6798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[379],"_links":{"self":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/8471"}],"collection":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/comments?post=8471"}],"version-history":[{"count":1,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/8471\/revisions"}],"predecessor-version":[{"id":8472,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/posts\/8471\/revisions\/8472"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media\/6798"}],"wp:attachment":[{"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/media?parent=8471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/categories?post=8471"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clubinsideronline.com\/news\/wp-json\/wp\/v2\/tags?post=8471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}