Multi-Million Dollar Pickleball Facility approved in Pinellas Park

cliggittvaluation • Sep 26, 2023

Announced back in April this year, the Pickleball Club received support from the Pinellas Park Council on September 14th and will soon be headed to the Gateway Centre Business Park now that they have preliminary site plan approval for the site. The facility will be 41,316 square feet. The Pickleball Club was founded in 2019 and develops and manages pickleball facilities throughout Florida.


The group announced two new projects in April, one in Venice and one in Pinellas Park. The Pinellas Park project will span 8 acres with 16 indoor courts, a player's lounge mezzanine, outdoor activity area with pickleball and bocce ball courts, and a pro-shop and café. The Venice facility is expected to open in July 2024 on 5.5 acres with a 40,000 square foot facility with 14 courts, and an outdoor section with pickleball and bocce ball courts among other amenities.


The first Pickleball Club facility opened in Sarasota this spring. Port St. Lucie, Bonita Springs, Fort Mers, and the Villages also have facilities planned – all between 34,000 and 50,000 square feet. Pickleball is the fastest growing sport in the United States and has been for the past 3 years. Founders Bryan McCarthy and Matt Gordo say they are the market leader in the development of indoor club facilities in the U.S. and they have over 100 individual equity investors supporting expansion of the company.


The Lakewood Ranch (Sarasota) club is currently the only open location. If membership fees follow suit to this club, members can expect to pay a $1,500 initiation fee (onetime fee per household), and Membership fees are as follows:

Adults - $1,380 Annually (Anyone 18+)


Family - $2,200 Annually (Two Adult Memberships in the same household)


Youth/Student -$690 Annual (Children 8-17. Parent does not have to be a member; student memberships are for those 18-25 enrolled in a full-time program).


Social Membership - $690 annually – for members interested in all amenities minus the pickleball. Social membership must be tied to a pickleball membership.


See our original blog post regarding the facility here: Indoor Pickleball Facility Planned in Pinellas Park

Source: TBBJ

Thank you for your interest. If you are in need of Appraisal & Valuation services in Pinellas Park contact:

Mike Cliggitt, MAI, MRICS, CCIM

813.405.1705 - Direct Line

findvalue@cliggitt.com

Pinellas Park Appraisal & Valuation Services

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