Third Space to open 50,000 sq ft club at Landsec’s O2 Centre

Luxury health club operator Third Space is set to open a new 50,000 sq ft club at Landsec’s O2 Centre on Finchley Road, North West London.

Opening in 2027, the new club will feature gym facilities, a swimming pool, and dedicated areas for health, recovery, and relaxation.

The addition of Third Space forms part of Landsec’s wider commitment to delivering improvements to the O2 Centre as it looks to transform the 14-acre site over the next decade.

Beyond leisure and retail, a live planning application is proposing thousands of new homes, as well as community spaces and improved connections.

Mark Warne, director of hospitality and leisure at Landsec, said: “Third Space will bring a best-in-class wellness experience to Finchley Road, helping to create a destination that people can enjoy every day.

“It’s an exciting first step in the wider transformation of the O2 Centre into a thriving, well-connected residential neighbourhood. With further investment committed, our longer-term vision encompasses not only a top-tier retail, dining, leisure and wellness destination, but a vibrant community designed to strengthen local connections and benefit everyone who lives, works and spends time here.”

Colin Waggett, CEO, at Third Space, added: “This is a fabulous opportunity to bring Third Space to this underserved part of North London.  The high-quality space will allow us to create something truly special, that matches the high aspirations that Landsec have for the transformation of the wider development.  We are excited to be part of it.”

Thomas Rose, co-founder at P-Three, which acted for Third Space, said: “It’s fantastic to secure another acquisition for Third Space as we continue to expand their presence across both central London and affluent residential catchments outside of Zone 1. Third Space shares in Landsec’s vision for O2 Centre and this investment plays into the growing demand for premium fitness space as people put a growing importance on health and wellbeing.”

Victoria Broadhead, director at Bruce Gillingham Pollard, which acted for Landsec, added: “It’s great to be involved in the first Third Space opening within the Landsec portfolio and hope we can build on this relationship further. To give the local residents this high-class gym on their doorstep will really transform the scheme and area as a whole.”