Equinox Replaces LA Fitness in $600M CityPlace Overhaul by Related

Key Points

• Equinox opening late 2025 in CityPlace, marking its first West Palm Beach location.

• Legal hurdle cleared: Comes after lawsuit resolution with former tenant LA Fitness.

• Related Companies investing $600M into transforming CityPlace into a wellness-driven mixed-use hub.

CityPlace in West Palm Beach is leveling up. Equinox, the high-end fitness brand, is set to open its first Palm Beach County location in late 2025. This follows the settlement of a legal dispute between CityPlace owner Related Companies and LA Fitness, which previously occupied the site. 

Legal and Leasing Shakeup

• LA Fitness was CityPlace’s longtime gym tenant, but had clashed with Related over redevelopment plans.

• After litigation and lease disputes, a resolution allowed LA Fitness to vacate, clearing the way for Equinox.

• Equinox will take over the prime fitness real estate, directly aligned with Related’s strategy of attracting a wealthier clientele.

Related’s $600M Vision for CityPlace

• Related is pouring $600 million into CityPlace, turning it into a "live-work-play-well" destination.

• Key additions:

  • Equinox as the new flagship fitness offering

  • Two new office towers (15 & 10 CityPlace)

  • Hospital & tech campus to drive daytime traffic

  • Luxury retail: Crate & Barrel, Alo Yoga, Rothy’s, and more

• The development centers around Shorecrest, a luxury condo tower where Equinox will provide curated wellness services.

Why It Matters to Investors

• Tenant mix shift: Replacing LA Fitness with Equinox raises the profile of the asset—and likely rents.

• CRE upside: Premium fitness tenants like Equinox can increase property values, especially in mixed-use urban centers.

• Wellness + Healthcare combo: With a hospital also in the works, Related is betting big on health-centric development trends.

Equinox’s arrival isn’t just a new gym opening—it's a power move by Related to transform CityPlace into a premier, wellness-first destination. The eviction of LA Fitness and $600M reinvestment are reshaping the market appeal of downtown West Palm Beach. Investors should watch how luxury wellness and healthcare anchors impact long-term asset value and tenant dynamics.