Colorado’s Largest Indoor Courts: Denver-based 3rd Shot Pickleball is set to open its largest location this fall in Englewood, Colorado. The new 43,000-square-foot facility at 3950 River Point Parkway will feature 16 indoor courts, a full bar, and a mezzanine. This expansion comes less than two years after the company’s first location opened.
Rapid Expansion and Investment
3rd Shot Pickleball has experienced swift growth since its inception. The company plans to invest over $2 million in developing the Englewood location, including $250,000 for acoustic insulation to reduce court noise. The business is backed by investors such as founder Adam Kahn, Oskar Blues Brewing Co. founder Dale Katechis, Plexus Capital LLC partner Wayne Williamson, and the Erie County Investment Co. The company intends to hire 15 additional employees for this new facility, adding to its current staff of 62.
Founder’s Vision and Business Model
Adam Kahn, who previously owned Meadow Creek Tennis Club for over 20 years, was inspired to start 3rd Shot Pickleball after witnessing the sport’s rising popularity. Initially offering pickleball lessons at his tennis club, Kahn observed significant demand for indoor pickleball play. The company’s growth strategy involves making general managers at each location partners in the business, allowing them to invest equity or contribute through sweat equity. This approach, combined with private equity backing, has facilitated rapid expansion without incurring debt.
Membership and Accessibility
3rd Shot Pickleball offers both public access and membership options. Memberships start at $68 per month, providing discounts on court rentals, lessons, tournaments, and clinics. Non-members can book two-hour sessions starting at $15. This model aims to make pickleball accessible to a broad audience while fostering a community of dedicated players.
Impact on the Local Community
The opening of the Englewood location is expected to enhance the local sports scene and contribute to the area’s economy. By providing a state-of-the-art facility for pickleball enthusiasts, 3rd Shot Pickleball aims to meet the growing demand for indoor courts and promote the sport’s development in the region.
News in Brief: Colorado’s Largest Indoor Courts
3rd Shot Pickleball will open a 43,000-square-foot facility in Englewood, Colorado, featuring 16 indoor courts. The company plans to invest over $2 million in the project and hire 15 new employees. Memberships start at $68 per month, with non-member sessions beginning at $15.
ALSO READ: Calgary’s Largest Indoor Pickleball Facility to Launch at Mega Courts