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11/30/15
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The final steel beam was lifted into place atop a new, $35 mil solar-powered multiuse facility currently under construction in Ladera Ranch, CA. The 120k sf complex, located at 2 Terrace Rd, south of Oso Pkwy and east of I-5 in south Orange County, is being developed by SmartStop Asset Management.
The project will include a 63.4k sf gymnasium—which will be open to the public—with eight full-sized basketball/volleyball courts, student study rooms, a 3.4k sf strength and conditioning space as well as gym offices. In addition, the facility will house a 42k sf storage facility with approximately 230 units operated by ExtraSpace Storage; a private fitness center; and more than 15k sf of office space for SmartStop Asset Management expanding headquarters.
“This facility will be the Staples Center for the training of young volleyball and basketball athletes. This is a place where athletes are going to train Monday through Friday to hone their athletic skills. In addition, on weekends we’re going to have some of the most competitive basketball and volleyball tournaments in the country,” said H. Michael Schwartz, CEO and chairman of SmartStop Asset Management. “Ladera Ranch is perfectly suited for those types of tournaments due to its proximity to San Diego, Los Angeles and, in addition, the beach.”
The new center will enable athletic leagues and clubs in South Orange County to hold all practices, games and tournaments under one roof. Five different organizations already have signed long-term agreements to rent the facility, claiming almost 80 percent of the weekday capacity. They include: Team Nikos Basketball Academy, Ladera Ranch National Junior Basketball, Little Rookies Youth Sports, San Clemente Volleyball Club, and Ladera Ranch Strength and Conditioning.
“I’ve been in basketball community in South Orange County for a while, and there is just no space for anyone to play basketball here,” said Ladera Sports Center CEO Steve Williams, who will manage day-to-day activities at the center, including team planning and rentals. “Our goal was to try to build our own facility that incorporated the best of all worlds. So we looked around the country at all different kinds of facilities and put all the good into one facility. So the kids will have uninterrupted practices, be on the same court every day all year round. This sports center is going to be a great service to the community.”
The facility will have approximately 300 parking spaces under and around the building with active security cameras and a number of electrical vehicle charging stations. The gym area will be available for club team practices, youth and adult leagues and tournaments, youth camps and clinics as well as charity and community events. It is expected to open by summer 2016.
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