International health club franchise Anytime Fitness announced this week that it will move its headquarters from Hastings to Woodbury.
A spokesman confirmed Tuesday that a land purchase deal has been finalized and the company plans to move its campus to a 38-acre site.
The purchase price for the land, at the southwest corner of Interstates 94 and 494, was $1.6 million, said Mark Daly, national media director for Anytime Fitness.
Anytime Fitness CEO and co-founder Chuck Runyon said the new site will give the company more space for its franchisee training and "employee-centric" focus through enhanced design.
The company employs 150 workers.
"We bought 38 acres to accommodate a campus feel that offers an indoor/outdoor experience for our employees and frequent visitors from around the world," he said. "We look forward to providing our guests with more hotel and restaurant options and specifically for our global visitors, more places to shop."
The undeveloped site is northwest of the Sheraton Hotel, The Tavern Grill restaurant and Tamarack Hills retail center.
Anytime Fitness retained BWBR of St. Paul as the principal architect, with Coen + Partners assisting with landscape designs.
Principal architect Brian Buchholz said the character and location of the site, a gateway to the community, will give Anytime Fitness an opportunity to "redefine what it means to be a healthy workplace."
Construction will begin in the spring of 2014. Anytime Fitness corporate staffers hope to move into the new campus in late summer or early fall of 2015.
The Woodbury Planning Commission has not yet reviewed plans for the site, which is classified as "business campus" on the city's zoning map.
Anytime Fitness was founded in 2002, with the first club opening in Cambridge, Minn.
There are currently 2,000 clubs open, including two in Woodbury and others in Cottage Grove, Oakdale and St. Paul. The company also operates more than a dozen clubs worldwide.
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