The health club chain Fitness First will open at Sydney's waterfront Barangaroo development.
The fitness centre will also come with a wellness centre proposal said the chief executive Andy Cosslett of Fitness First, which is owned by US hedge funds Oaktree Capital and Marathon
It will be the chain's seventh central business district club, with the group telling the Australian Financial Review it will invest about $4 to $5 million in the venture.
"We are delighted to welcome Fitness First and their exciting wellness initiative to Barangaroo to complement the precinct's public benefits such as 50 per cent open space, and kilometres of waterfront pedestrian and cycling paths," Lend Lease managing director of Barangaroo south, Andrew Wilson, said.