Business & Tech

Five Seasons Closing May 31, Hyland Purchases Property for $11.1 Million

Rumors of closing have been circulating for months.

After 13 years, Five Seasons Sports Club is closing. The facility is set to close May 31.

Five Seasons, based in Covington, KY, released a statement on its Facebook page March 27 saying the club has “made a difficult decision to no longer operate our ‘True Club’ concept in Westlake.”

The statement said the economic environment has made operating the club, located on Clemens Road, challenging.

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“We have been presented with a significant opportunity to sell to an adjacent property owner that we simply cannot ignore,” the statement said.

Memberships will remain in effect until May 31.

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The club said it could not release the information earlier due to a confidentiality agreement with the buyer. Despite those efforts, rumors have been rampant that the facility would close, especially after Westlake City Council approved a  zoning change to the property on Feb. 21.

The company has numerous facilities in the Midwest including locations in Dayton, Indianapolis and Cincinnati.

Hyland Software purchased Five Seasons, as confirmed by Megan Klinshirn in the corporate communications department. Klingshirn said the purchase will  replace the facility approved in October 2012 that was to be attached to Hyland’s existing building (#2) at 28501 Clemens Road. That new center meant more than 600 new jobs would be created.

According to the Cuyahoga County Auditors Office, Hyland Software purchased the parcel for $11.135 million on March 26.

Hyland has undergone rapid expansion over the past several years including plans to construct a new this year. 

Westlake approved 10-year, 75-percent tax abatement for that building. Hyland had agreed to spend at least $20 million on the project.

Hyland currently sits on a 36-acre campus. Five Seasons means an increase of 20+ acres to their campus.


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