Add a gym to your development to increase its value says Colliers

Landlords can start thinking creatively about the way gyms are incorporated into mixed use and residential developments
– Ross Kirton, Colliers International

A report from Colliers International has found that people are increasingly willing to pay more in rent or mortgage to live near to, or even onsite with, their gym.

The study of 3,000 people in the UK found that 72 per cent of people responded positively to this hypothetical situation, while 29 per cent said they would be prepared to pay more for a rooftop gym.

"Investors and landlords have the opportunity to start thinking creatively about the way gyms are incorporated into wider mixed use and residential developments,” said Ross Kirton, head of UK leisure agency at Colliers.

"Being close to good schools or transport links used to be the top priorities; now, gyms are a key driver.”

The research identifies the partnership between Hero Fitness and Moda Living in Manchester, UK, where a range of fitness and wellness services have been included in residential projects led by the developer.

Rooftop and skyline gyms have become popular elsewhere in the world, but are still to be exploited in the UK, the report observes.

With both baby boomers and millennials increasingly looking to lead healthier lives, and allocating their disposable income accordingly, the Colliers report Meet Me At The Bar: A Review of the UK Health and Fitness Market 2019 also considers the impact on the health and fitness market of social media, wearable technology, the growing social aspect of gyms, and concepts such as the Ministry of Sound Fitness, where the euphoria that previous generations sought through clubs and bars is now being sought through fitness.

The quest for fitness is, therefore, becoming more experiential, and people are willing to pay more, travel further and potentially even move offices or move house to live close to their fitness facilities of choice.

This is something Kirton believes developers and investors should factor into project planning.

"As such, the gym should be considered a key element of placemaking in new mixed use and residential developments."

Colliers International 
Related stories
13 Mar 2019

Tom Dixon completes rooftop wellness suite in London

02 Jan 2018

Stockholm hotel opens rooftop wellness retreat

09 Jan 2017

Budget gym boom in London leads to surge in rent charges

A report from Colliers International has found that people are increasingly willing to pay more in rent or mortgage to live near to, or even onsite with, their gym. The study of 3,000 people in the UK found that 72 per cent of people responded positively to this hypothetical situation, while 29 per cent said they would be prepared to pay more for a rooftop gym. "Investors and landlords have
HAF,PRO,ARC,DES,DEV,CLD
The G-Cubed gym and rooftop garden amenity space by SOM, built on top of a seven-story parking garage in Los Angeles / Benny Chan/SOM
More news
News stories: 1 - 30 of 6988     
 
 
 
News stories: 1 - 30 of 6988     
 
 
 
company profile
Company profile: TVS Group
The TVS Group supply and install sports and fitness flooring to a wide range of facilities. We cater for every type of exercise and every level of competition, from recreational to elite level performance.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
WeWork’s Rise gym was designed by Brittney Hart
Dror Benshetrit and Di-Ann Eisnor will head up the team
"We will work to fuse nature, design, technology, and community in our cities in order to measurably improve the lives of citizens"

High profile design hirings for the We Company

Wellness: Hidden treasure
"True luxury is about preserving the soul of an incredible destination"

KimMegsonvisitstheaward-winning ChabléYucatánResort&Spa

features
The Gallery in Mourad Mazouz's Sketch is one of London's most instagrammed spaces
After working for Christian Liaigre in Paris, Mahdavi launched her practice in 1999
"I never thought it was a talent. I just did it very naturally, without thinking"

The ‘queen of colour’ on her nomadic childhood, being fearless and choosing the exact right shade of pink for the Sketch Gallery restaurant

Once he had restored and improved Solomeo, Cucinelli turned his focus to improving the outskirts of the village
"It would be great if today’s men left as a legacy for the future some architectural and humanistic monuments for the next hundred, three hundred, one thousand years"

BrunelloCucinelli has madehisfortune from cashmere and has used hiswealthto restoreandrevive theItalian hamlet he callshome. Wefindout more

features
"Like other cultural institutions, libraries provide something that the internet cannot: genuine human interaction"

How excitingnewprojects arechanging theface oflibrarydesign

The new stadium was designed to create a sense of arrival for fans
Populous’ Christopher Lee has designed more than 30 stadia across five continents
"Our new stadium and wider scheme has been developed to deliver an unrivalled fan experience and significant benefits to our local community. We want to make this venue a world class sports and entertainment destination for everyone, in our birthplace of Tottenham - Daniel Levy, Tottenham Hotspur FC chair "

Tom Walker exploresthe storybehind TottenhamHotspur’sgroundbreakingnew footballstadium

cladkit product news
Baux creates plant-based acoustic panels
Baux has worked with scientists from the Royal Institute of Technology to create Baux Acoustic Pulp, a plant-derived acoustic solution
Lauren Heath-Jones
Baux, an acoustic products brand based in Sweden, has developed a line of biodegradable acoustic panels, using a plant-based material ...
Paul Kelley pushes 'technical boundaries' with modular furniture cube system
The system is designed to enable users to create multifunctional, adaptable pieces, where they are in complete control of the design and function of their furniture
Lauren Heath-Jones
British designer Paul Kelley has created a modular magnetic cube furniture system that enables users to create multifunctional, adaptable pieces, ...
Volvo partners with Reef Lab Designs to encourage ocean biodiversity
The tiles are made from marine-grade concrete and recycled plastic fibres
Lauren Heath-Jones
Car manufacturer Volvo has partnered with the Sydney Institute of Marine Science and Reef Design Lab to create an environmentally-friendly ...
cladkit product news
Tom Dixon Studio to relaunch iconic Pylon chair
Pylon was first designed more than 20 years ago
Lauren Heath-Jones
Originally conceived in his metal workshop in the early 90's, the Pylon chair was Dixon's attempt to create the world's ...
Mater partners with Ditzel family to create eco-friendly furniture using reclaimed plastic
The furniture uses plastic from recycled fishing nets
Lauren Heath-Jones
Mater, an ethical design brand based in Denmark, has launched a furniture collection made from plastic reclaimed from the ocean. ...
Crown overhaul changing rooms at Saunton Sands spa
Crown Sports Lockers installed rain of Nebraska Oak clothes lockers with RFID Digilocks in the changing rooms
Lauren Heath-Jones
Saunton Sands Hotel in Devon, UK, has completed a £2m expansion of its spa and wellness facilities. The upgrade included ...
cladkit product news
BD Barcelona Design reveals Cristallo by the late Alessandro Mendini
Cristallo was the last design from acclaimed designer and architect Alessandro Mendini
Lauren Heath-Jones
Design Studio BD Barcelona Design has released Cristallo, a limited-edition cabinet designed by the late architect and designer Alessandro Mendini, ...
Duravit launches Tempano shower trays
The Tempano trays feature a state-of-the-art design that combines a linear slope with a high drainage rate
Lauren Heath-Jones
Duravit, a Germany-based bathroom fixtures company, has launched Tempano, a series of easy-to-install shower trays for the home. Available in ...
Alusid's Sequel collection combines craftsmanship and sustainability says founder
The Sequel collection is billed as the 'most waste-efficient and sustainable' on the market
Lauren Heath-Jones
Alusid, a creator of eco-friendly surfaces, has partnered with Parkside to launch the Sequel range, the brand's first collection of ...
x
Sign up with CLAD for regular news updates