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Stalker and Turok target nationwide rollout for trampolining venture
POSTED 16 Mar 2015 . BY Jak Phillips
David Stalker (left) will be CEO of Altitude, with Fred Turok as chair
ukactive veterans David Stalker and Fred Turok are aiming to stay anything but grounded as they prepare for life after the physical activity organisation, by embarking on a mission to create a nationwide trampolining empire.

The project, which Stalker first revealed to Health Club Management last month, will see the pair helm wall-to-wall trampolining concept Altitude, with plans to open a minimum of 12 sites across the UK over the next two years.

The duo have already raised in excess of £2.5m for the venture, with support from both Radius Equity and Jacaranda Capital Partners. The first Altitude site has been secured in West Acton – anticipated to open in summer 2015 – followed by a planned second park in November 2015.

Outgoing ukactive chair Turok and CEO Stalker (who is due to leave in June) will replicate these roles in their new business. With Altitude, they will seek to mirror the success witnessed in the US and Australia markets, where more than 350 trampoline parks have sprung up following their first launch in 2004.

“We see a terrific opportunity not only to create the next successful evolution in leisure, but to also assist in our long held quest to make Britain healthier,” said Turok, citing NASA research which found 10 minutes bouncing on a trampoline is a better cardiovascular workout than 33 minutes of running.

“There are obvious health benefits and parks are proven overseas to be commercially viable on a big scale. We now have our funding in place, our operations are being developed and we are excited for a successful rollout which will see a fitter Britain and a commercial success in the making.”

Each Altitude park will be in the range of 20,000 to 40,000sq ft and will comprise more than 100 trampolines, allowing participants to bounce of the walls and floors. Altitude will cater for all ages and abilities as participants will be able to try a wide range of activities including Parkour, gymnastics, and boutique fitness classes. Each park will also collaborate with local schools to offer children’s activities, holiday camps and parties.
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NEWS
Stalker and Turok target nationwide rollout for trampolining venture
POSTED 16 Mar 2015 . BY Jak Phillips
David Stalker (left) will be CEO of Altitude, with Fred Turok as chair
ukactive veterans David Stalker and Fred Turok are aiming to stay anything but grounded as they prepare for life after the physical activity organisation, by embarking on a mission to create a nationwide trampolining empire.

The project, which Stalker first revealed to Health Club Management last month, will see the pair helm wall-to-wall trampolining concept Altitude, with plans to open a minimum of 12 sites across the UK over the next two years.

The duo have already raised in excess of £2.5m for the venture, with support from both Radius Equity and Jacaranda Capital Partners. The first Altitude site has been secured in West Acton – anticipated to open in summer 2015 – followed by a planned second park in November 2015.

Outgoing ukactive chair Turok and CEO Stalker (who is due to leave in June) will replicate these roles in their new business. With Altitude, they will seek to mirror the success witnessed in the US and Australia markets, where more than 350 trampoline parks have sprung up following their first launch in 2004.

“We see a terrific opportunity not only to create the next successful evolution in leisure, but to also assist in our long held quest to make Britain healthier,” said Turok, citing NASA research which found 10 minutes bouncing on a trampoline is a better cardiovascular workout than 33 minutes of running.

“There are obvious health benefits and parks are proven overseas to be commercially viable on a big scale. We now have our funding in place, our operations are being developed and we are excited for a successful rollout which will see a fitter Britain and a commercial success in the making.”

Each Altitude park will be in the range of 20,000 to 40,000sq ft and will comprise more than 100 trampolines, allowing participants to bounce of the walls and floors. Altitude will cater for all ages and abilities as participants will be able to try a wide range of activities including Parkour, gymnastics, and boutique fitness classes. Each park will also collaborate with local schools to offer children’s activities, holiday camps and parties.
RELATED STORIES
MORE NEWS
OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
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COMPANY PROFILES
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

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Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
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Synergy - The Retreat Show

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