SAN FRANCISCO — The Bay Club Company, a California-based active lifestyle corporation, today announced the addition of a 36,000 square-foot club in Santana Row, Silicon Valley’s premier shopping, dining, living and working destination. The new property rounds out The Bay Club Silicon Valley campus to include three locations: Bay Club Cupertino, Bay Club Santa Clara and, now, Bay Club Santana Row.
The Santana Row property will be modeled after The Bay Club Company’s other locations and Four Quadrant Playbook, which integrates fitness, sports, hospitality and family programs to create a modernized country club membership. The Bay Club Company plans to invest more than $1 million into the existing fitness facility with hospitality amenity upgrades including an Active Lobby – a lounge area where members can mingle post-workout with access to complimentary coffee, charging docks, a community workstation and complimentary Wi-Fi.
“We continually seek out strategic opportunities that add value for our members, and are pleased to bring our Four Quadrant Playbook to Santana Row’s high end retail shops and residential lofts,” says Lisa Graf, The Bay Club Company Executive Vice President of Operations. “We’re thrilled to be able to grow our Silicon Valley campus and bolster the modernized country club experience.”
Collette Navarrette, Director of Marketing at West Coast Federal Realty Investment Trust, adds: “We are eager to bring The Bay Club to the Santana Row neighborhood and look forward to offering the community its premier hospitality, fitness and social amenities.”
The acquisition comes shortly after The Bay Club Company announced its purchase of Spectrum Athletic Clubs’ portfolio of 11 properties in the greater Los Angeles area. The Bay Club Company’s campus concept groups multiple locations within a geographical area that feature complementary amenities, including fitness centers, athletic clubs, swim and tennis complexes, and country and golf clubs.
Bay Club Santana Row is located at 3055 Olin Avenue Suite 3000, San Jose, CA 95128. Look for further acquisition announcements throughout 2015, as The Bay Club Company continues to grow its California portfolio and debut in markets outside California.
About The Bay Club Company
The Bay Club Company is an active lifestyle and hospitality company with a network of modern country clubs that welcome more than 86,000 members. The Bay Club Company has 24 locations across 10 California campuses—five in Northern California (Marin, San Francisco, Redwood Shores, Silicon Valley and Los Gatos) and five in Southern California (Santa Barbara, San Diego and three in Los Angeles). The Company currently employs approximately 3,400 people and is headquartered in San Francisco, California. For more information on The Bay Club Company, please visit bayclubs.com.
About Santana Row
Santana Row, a 1.5 million square foot mixed-use development in the heart of San Jose, California, is Silicon Valley’s premier destination for shopping, dining, living and working. Surrounded by landscaped gardens, parks and plazas, Santana Row features over 70 shops, 20 restaurants, a 212-room boutique hotel and a six-screen movie theatre. In addition to the dynamic retail & restaurant collection, Santana Row offers 615 luxury rental homes, 219 privately owned condos and 65,000 square feet of Class A office space. Santana Row is a property of Federal Realty (NYSE:FRT), headquartered in Rockville, Maryland.
About York Capital Management
York Capital Management is an investment firm that was established in 1991. The firm pursues a multi-strategy investment style and manages over $25 billion. The primary offices are in New York, London, and Hong Kong. York Capital Management made a majority investment in The Bay Club Company in June 2014.