Swing Racquet + Paddle will be constructed on 45 acres in Brier Creek in Raleigh, N.C. The facility will feature 29 tennis courts, 24 pickleball courts, 16 padel courts, four beach tennis/volleyball courts and a ping pong lounge. The property is currently valued at $2.5 million and is owned by the city of Raleigh. Swing Racquet + Paddle has a 50-year lease on the land.
With Raleigh, N.C. developer John Kane joining the effort, a $70 million-plus tennis and pickleball facility in the works for nearly five years is finally coming together on 45 acres in Raleigh’s Brier Creek with an opening planned for 2024, Triangle Business Journal reported.
Swing Racquet + Paddle, the brainchild of entrepreneur and tennis player Rob Autry, will feature 29 tennis courts, 24 pickleball courts, 16 padel courts, four beach tennis/volleyball courts and a ping pong lounge.
The property is currently valued at $2.5 million and is owned by the city of Raleigh, Triangle Business Journal reported. Swing Racquet + Paddle has a 50-year lease on the land.
The complex will be the first of its kind in the Triangle area, where no new racquet-sports facilities have been built over the last 20 years despite participation more than tripling, Triangle Business Journal reported. In fact, Raleigh has the fourth-highest concentration of active tennis players in the country, reports the U.S. Tennis Association.
“Raleigh is one of the most exciting growth markets in the country,” said Kane, who recently joined the project as an investor. “People in the Triangle love tennis and pickleball, and will appreciate the thought, planning and execution of Swing to provide courts and social experiences.”
Kane, CEO of Kane Realty, said it’s important for Raleigh to have more projects like Swing Racquet + Paddle in order to move the city forward, Triangle Business Journal reported.
“It’s up to the leaders of Raleigh to get involved and help make things like Swing happen,” he said, adding that it’s also a boon to the state.
The project, expected to cost north of $70 million, was seeking to get some support from the Wake County Interlocal Agreement funds, which come from a 1 percent food and beverage tax, Triangle Business Journal reported. These funds are set aside to help projects such as this that can have a big economic impact on the community.
“It looked like we were going to get a big chunk of what was available but then the pandemic struck and the rest is history,” Autry said.
While the funds are building back up, Autry and his partner, Jason DeGroff, added Kane as an investor as well as strategic international partners and notable advisory board members. Among the names are Phil De Picciotto, the founder and president of Octagon; Ken May, the former CEO of Topgolf and Drive Shack; and Hans-Martin Reh, known for his role as global general manager of racquet sports at Wilson Sporting Goods.
“Trying to build Disney World for racquet sports during a pandemic was challenging at best,” Autry said, adding that in some ways it turned out to be a blessing.