Ace Padel's U.S. Debut in Miami

Key Points

• Strategic Miami Entry: Ace Padel selects Coconut Grove for its inaugural U.S. club, opening in early 2026, tapping into an underserved market in a global sports hub
• Nationwide Expansion: Confirmed locations in Denver's RiNo District and the Beverly Hills to Santa Monica area signal rapid growth in premium padel facilities
• Lifestyle Focused Design: Features hurricane-proof courts, covered play areas, and high-end amenities that elevate padel from sport to social experience, driving tenant appeal

Padel Finds a Home in South Florida
Padel, the fast-growing racket sport blending tennis and squash, is surging in popularity across the U.S., with clubs increasing 26 percent globally last year and U.S. searches for padel hitting all-time highs in 2025. Ace Padel’s entry into Miami signals a shift for commercial real estate investors as recreational facilities evolve into lifestyle-driven income-producing assets. This move introduces a new category of destination real estate with clear implications for landlords and developers.

Sport Growth Creates Real Estate Opportunity
With more than 30 million amateur players worldwide and U.S. participation surpassing 100,000 in early 2025, padel is gaining momentum in major metro markets. Miami’s cultural ties to Europe and Latin America make it a natural entry point, supported by favorable weather and a year-round outdoor lifestyle. For property owners, padel courts require less space than tennis courts and attract a wide demographic, making them a viable option for underutilized urban land.

Ace Padel’s Flagship Built for Miami
The Coconut Grove club will include five outdoor courts, with four covered by a 32-foot canopy designed for weather protection. It will be Miami’s first hurricane-resistant padel facility, using Mejor Set technology from the Premier Padel Tour. Beyond gameplay, the venue emphasizes lighting, sound design, event programming, and hospitality elements. The result is a high-engagement tenant that functions as a social destination rather than a traditional gym.

Scaling Into High-Income Urban Markets
After Miami, Ace Padel plans to open locations in Denver’s RiNo District and between Beverly Hills and Santa Monica in Los Angeles. Founded by Peter and Elliot Carnello, the brand is targeting dense, affluent neighborhoods where experiential concepts perform well. For CRE investors, the rollout highlights a repeatable model that can adapt industrial, retail, or infill sites into long term lifestyle tenants with strong membership demand.

Why Landlords Should Pay Attention
Padel facilities offer relatively low build costs and strong revenue per square foot through memberships and events. As the number of U.S. players and clubs continues to grow, landlords can use padel as an anchor to improve tenant mix and increase foot traffic. In markets like Miami, where recreational space is limited, these venues can enhance property value while attracting complementary food, beverage, and retail users.

Ace Padel’s U.S. expansion puts experiential sports real estate squarely on the investment radar. For landlords and developers, padel is quickly becoming a scalable asset class with staying power.