The newest fitness craze is coming to Capitol Hill. Stanton Development and EastBanc, Inc. announced today that Orangetheory Fitness will join the mix of retail tenants and lifestyle options at 700 Penn Ave SE. The popular endurance fitness concept signed a 10-year lease and will occupy a 3,750 square-foot space located at 330 Seventh Street SE. The new studio is expected to open in summer 2018.
Orangetheory is a 60-minute, full-body, group personal training workout that is focused on training endurance, strength and power through a variety of equipment including treadmills, rowing machines, TRX suspension cables and free weights. Based in the theory of Excess Post-Exercise Oxygen Consumption (EPOC), Orangetheory’s heart-rate based training is designed to maintain a target zone that stimulates metabolism and increases energy, which allows individuals to receive the “Orange Effect” – an end result where participants keep burning calories for up to 36 hours post-workout.
“We are excited to come to Eastern Market and join a great host of neighbors at 700 Penn,” said George Leppert, Managing Partner of Leppert Holdings and owner of the District’s Orangetheory Fitness locations. “We are dedicated to provide our fun, scientific approach to fitness to the Capitol Hill community and to those who are looking to try an innovative workout in the Eastern Market neighborhood.” President of EastBank Anthony Lanie said the addition of the fitness name adds to the variety offered in the area. “We are energized to welcome Orangetheory as 700 Penn’s exclusive fitness tenant,” says Anthony Lanier, president of EastBanc. “The franchise’s commitment to creating exceptional fitness results aligns well with our mission to offer Capitol Hill residents and guests variety and quality lifestyle conveniences.”
Orangetheory joins 700 Penn’s list of existing tenants, including Trickling Springs Creamery, Antiochia, District Veterinary Hospital, Jrink, The Yard: Eastern Market, Nailsaloon, STEM Preschool, and Trader Joe’s.
700 Penn is a mixed-use development, which includes a 156,000-square foot office building, 162 apartment residences that are comprised of 46 units of affordable housing and 116 market-rate residential units, and 60,000-square feet of specialty shops, boutiques and restaurants.
The Hine School Redevelopment Project’s commitment to locally owned retail and sustainability includes Gold and Silver LEED Certified designs, green roofs, car-sharing and underground bike racks and showers.
For more information on 700 Penn, please visit http://700penn.com/.
