Bath and Racquet Athletic Club.

Bath and Racquet Athletic Club.

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bath racquet started this petition to SARASOTA

Dear Members,

I would like to personally thank you for your support of Bath & Racquet for the many years that my family has owned and operated the club. I am now asking for your additional support for the Club’s rezoning plan that will be presented before the Sarasota City Commission next month. At this point, the most impactful way for you to show your support is by viewing the proposed plans for the project, and signing the petition for the rezoning plans which are both available at the entrance to the club near the front desk. Lastly, please read the following explanation below explaining why your support is so vital to our club at this crucial stage. 

I started beginning to plan for viable options for our Club's future a little over 5 years ago. For several reasons, I decided the best option was to list the club for sale. In a period of over 3 years I was unable to find a suitable party that would pay a fair price for the club and its surrounding real estate, all while agreeing to preserve and upgrade the existing facilities. After many years and prospective deals, I was finally able to find a suitable agreement with the current operators from Canada. 

The problem for our Club, and clubs across the country, is that the Club’s business model can no longer generate enough revenue to support the value of the underlying real estate that it sits on. To remain viable for the future, the current value of the real estate can be regained by renovating the Club into an asset and anchor to a 21st century health and wellness community. Per the plan submitted to the city of Sarasota, Mark & Mark from Canada, and their team of experts are planning to do just that. 

I do not personally have the resources, or the desire to get the Club rezoned, but I have always had a strong desire to see the Club continue to exist and be enhanced to provide our members a wonderful place to socialize, work out, and play tennis for many years into the foreseeable future. I know how much this Club means to all of you, as it has also meant so much to my family for over 50 years now. 

To be clear, I have no interest, or intent to take the Club back. But, I do fully support the real estate project Mark & Mark have proposed, including the substantial enhancements to the Club so that its long term future is secured.

 

So again, please support our creation of a long term, sustainable future for our Bath & Racquet Athletic Club, and consider signing the petition now in the front lobby.

 

Sincerely,

 


Scott Olson- Bath & Racquet Club Founding Family Member

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