Last year Corniche Club closed down after losing the right to operate the location and there were rumors that Alshaya tried to get the location for Equinox but lost out. But according to a contact it turns out that Arkan Real Estate which is part of the BNK Holding portfolio have taken over the location.
BNK have a number of consumer brands in their portfolio including Volvo, Vespa, Backburner, Gia and the Japanese restaurant Odachi. The popular gym Inspire will supposedly be taking over the club and I wouldn’t be surprised if BNK opened their other brands at the location like their coffee shop Backburner or maybe a Vespa showroom.
Update:According to Alshaya they never bid on the Corniche location just rebid on the PF Chang location. They won the rebid and PF Chang just reopened again this week.
3 replies on “Inspire to Take Over Corniche Club”
Alshaya considered the location for Equinox but never actually entered the bidding process. They came, they saw, they said no thanks.
Alshaya saying no thanks to a beach front property??? hahahhaaha…. thats a new one…
Didn’t see you the gym open, any update ?