Fitness-center owners buy former home of Orchards Athletic Club

LOVELAND — The owners of the Fort Collins Club, a fitness center and health club in Fort Collins, have acquired a building in Loveland that once was home to the Orchards Athletic Club.

Todd Heenan, a minority owner in the Fort Collins Club and the new entity that purchased the building in Loveland, said plans are underway for a significant renovation of the building, with hopes of opening a health club there in 2018.

“It’s a pretty dilapidated building,” Heenan said, who is meeting with an architect Thursday to begin developing plans.

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Using the entity GG 289 LLC, George Girardi, an anesthesiologist in Fort Collins and majority owner of the Fort Collins Club, and Heenan paid $800,000 to Chicago-based American Enterprise Bank for the property, according to public records. The bank foreclosed on the property at 289 29th St., in May 2012, which has been vacant for several years. The bank listed the property for $1.25 million.

Heenan said they will be forming an entity to lease the property for the health club from GG 289 LLC.

The nearly 29,200-square-foot building was constructed on one acre of land in 1978 as a health/fitness club with a basketball and racquetball courts, fitness room and heated swimming pool. It was renovated in 1995, according to Larimer County public records.

Mike Eyer, John Rue, Julius Tabert and Kit Brown of CBRE in Fort Collins, represented the bank in the deal. Aki Palmer and Jim Palmer of Cushman & Wakefield in Fort Collins represented the buyers.