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CRDC Finances Upscale Fitness Center in Concord
In 2017, Steve Duprey brought his skills in redeveloping a number of Concord properties to a property and a defunct business on Home Avenue to bring to life a new health and fitness facility. The
In 2017, Steve Duprey brought his skills in redeveloping a number of Concord properties to a property and a defunct business on Home Avenue to bring to life a new health and fitness facility. The club features traditional fitness, with standard weight and circuit equipment, group exercise sessions, spinning, two large exercise studios, saunas and therapeutic massage rooms. In addition, personal and group training, nutrition counseling, cardiac rehab services are offered. All the amenities of an upscale health club are offered within a modern open structure.
 
The new facility is known as 43 Degrees North, receiving its name from the exact latitude that runs through the center of Concord. Bank of New Hampshire and CRDC provided acquisition financing for the project.
 
Duprey foresees that 43 Degrees will offer comprehensive approach for individuals seeking an active life style.    
 
"Concord has some great health clubs, but research showed the market was missing a boutique, upscale facility that offers a well rounded health approach for individuals," said Steve Duprey, owner operator of 43 Degrees North. "Our purpose is not to be the biggest or the only athletic club in the area, rather we want to be at the center of a local movement that promotes health and fitness, as it works with each member to help them achieve their individual goals."
 
"CRDC worked closely with Bank of New Hampshire to structure the loan that worked for the owner for both the acquisition and the financing of the fitness equipment," said Liz Sweeney, CRDC Loan Officer.
 
The new space underwent a major renovation with 14,000 sf. spread over two floors.  As with other redevelopment projects undertaken by Duprey, attention was paid to invest in green energy in the fit up of the club. Of interest, in addition to the traditional fitness equipment, there are free weights, circuit equipment and more than 200 pieces of the newest and best equipment the industry has to offer, including SportsArt ECO POWR™ equipment, eco-friendly machines that harness the power of human energy and put it back into the grid.
 
To learn more visit: www.43northnh.com.http://www.43northnh.com
 
 
CRDC Loan Officer, Liz Sweeney (C) with 43 Degrees North Owner & Operators Crystal Reynolds and Steve Duprey
 
 
Large Screen television in the lobby of 43 Degrees displays the amount of energy produced by members utilizing the Eco-power equipment


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