“Are we in a bubble? Probably,” said the founder of Colorado Teardrops.
Flywheel Sports opened at 1900 17th St. in 2018.
“I wish I could say I was smart enough to see it coming,” said one co-owner. “Now, of course, it makes sense.”
The city-owned course has been closed since November 2017.
“The two businesses really supported each other and without one functioning fully … the business model collapses,” an owner said.
Green Collective expects to open this fall at the corner of 32nd and Vallejo.
“If you don’t already have bikes on order that you would receive before the end of this year, you’re not getting them before the snow flies,” one shop owner said.
“I’m working with some voices that have not been center stage,” said Jordan Smiley.
From one-off studios to local and nation chains, the fitness industry is contracting.
Numerous CrossFit gyms, including at least six within Denver city limits, announced plans to cut ties with the company in recent weeks.