Third Space, a luxury fitness lifestyle brand, announced today that it has exchanged contracts with Canary Wharf Group, following a tender process, to build and operate a new 40,000 square foot premium fitness and wellness club in the 23-acre Wood Wharf development, the new district of Canary Wharf.
The health club will attract new members and residents of the Wood Wharf district in a unique arrangement with a first class offering. Residents will have exclusive access to a luxurious resident’s only area, including a private training facility, concierge, residents lounge, spa and pool.
Colin Waggett, CEO of Third Space, said: “When people decide where to work or live, access to a health club is becoming an ever more significant factor – particularly among millennials who are spending record amounts of money on health and fitness. Place-making landlords such as Canary Wharf Group clearly recognise that Third Space’s unique and tailored proposition can differentiate and add value to their developments.”
Wood Wharf is a new district in London’s Canary Wharf that will feature up to 3,600 new homes, 490,000 square feet of retail space and over two million square feet of office space as well as public spaces, squares and parks. The development is expected to create 20,000 new jobs and is specifically designed to accommodate fast-growth companies in the tech and creative sectors.
Third Space Wood Wharf, which is expected to open in 2021, will feature a freestanding athletic rig, multi-purpose studios, a medical and beauty suite, a 20-metre swimming pool, and a spa. Waggett and his team are working with leading architects RHE on the early stage concept and design.
Waggett added: “Every Third Space club is unique. Despite being only a short walk from our existing 100,000 square feet Canary Wharf club, Third Space Wood Wharf will look and feel very different. The scale and quality of the Wood Wharf development and the continued growth of the whole Canary Wharf Estate gives us the confidence to add further capacity in this part of London.”