There was a lot of social media buzz over the weekend due to Kingwest Fitness’ abrupt closing late Friday/early Saturday. Reasons for the closing are being blamed on Lifetime Development’s new condo proposal.
Lifetime Developments owns the Liberty Market Building and were, therefore, Kingwest Fitness’ landlord. According to the gym’s ownership. a 2-3 year deadline was given to the gym owners which essentially meant that the owners would be unable to recoup the financial investment made in the gym. The owners made an unsuccessful attempt to renegotiate their lease based on this new timeline and then stopped making their rent payments. As a result, the doors were locked late Friday night and a Bailiff’s letter was posted on the door.
The info above was based on a description we read on the Kingwest Fitness Facebook thread, as posted by the gym representative. It appears that the Facebook page has been deactivated at the time of this writing. We cannot verify the accuracy of this information at this time.
Sad news for Liberty Village and sad news for me personally. I was a member and enjoyed the gym.
For those members who were locked out, there seems to be some cooperation between Kingwest Fitness and 99 Sudbury and former KWF members are being told that their memberships will be honoured at 99 Sudbury. Details are scarce at this point.
There’s always Goodlife!