The Oswego Village Board recently approved a grant to help a boutique personal training and fitness studio open in a former industrial building in the village’s downtown.
TermiNader Fitness, LLC was awarded $34,705 in grant funding from the village for renovations to the property at 174 Harrison St.
Oswego Economic Development Director Kevin Leighty in a report to trustees said the training and fitness studio will be one of the first tenants in a major redevelopment of the site.
“This is an old 10,000-square-foot industrial building on Harrison Street. The building is in the midst of a major redevelopment,” Leighty said.
Owner Ryan Nader of TermiNader Fitness has been making substantial renovations to its individual tenant space in the building, according to Leighty.
“This is a rather old and obsolete industrial building being converted into a multi-tenant retail building. This is one of the first tenants seeking funding. A lot of work is needed overall,” Leighty said.
There could eventually be three or four tenants in the building, he said.
“Already $150,000 has been invested in this space, including interior demolition, drywall and window installation as well as electrical work, among other improvements,” Leighty said.
The tenant in cooperation with the property owner is looking to start the next phase of the buildout.
“They are now seeking assistance for the next phase of the project which will include extensive plumbing work, including connection to the fire suppression and Fox Metro sanitary systems, construction of a new interior staircase, completing the framing and walling of the restroom area and installing permanent signage,” the economic development director said.
“Each of the pending improvements are eligible expenses under the program and have a total estimated valued of approximately $69,410,” Leighty said.
The renovations are described as “functional improvements” to the building that will ultimately enhance Oswego’s Downtown Business District, he said.
Nader said he will be incorporating his own brand of personal training at his business at the site with a focus on fitness kinesiology and movement mechanics.
“We’re training the body – not just strength training but teaching people how to actually use their body in daily life. We create workouts to compliment that,” Nader said.
The goal is to open in early summer, he said.
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Linda Girardi is a freelance reporter for The Beacon-News.