PURE Pickleball Partners with HonorHealth for Elite Sports Medicine
Deal News | Feb 19, 2025 | CaliberCos Inc
HonorHealth and PURE Pickleball & Padel have announced a multi-year letter of intent partnership that designates HonorHealth as the exclusive health and wellness partner for PURE's ambitious Scottsdale facility project. This project, in collaboration with CaliberCos Inc., aims to build the largest indoor pickleball facility in the world. HonorHealth plans to establish a sports performance and recovery center within the facility, providing high-end sports medicine and orthopedic services. The facility will host tournaments, events, and provide resources for injury prevention and recovery. Caliber's involvement as a co-developer highlights its strategy to leverage its real estate expertise to create impactful community projects. With a sprawling 186,000-square-foot layout, the facility promises to be a premier destination in Scottsdale, reinforcing pickleball's status as a booming sport. Caliber views this project as aligned with its mission to invest in impactful developments across diverse geographies.
Sectors
- Healthcare
- Real Estate Development
- Sports and Recreation
Geography
- United States – The news relates to developments in Scottsdale, Arizona, which is in the United States.
- Arizona – Specifically, the project and partnership are based in Scottsdale, Arizona.
Industry
- Healthcare – The article involves HonorHealth, a healthcare provider, establishing a sports medicine facility.
- Real Estate Development – Caliber is involved in the development of the pickleball facility, indicating the real estate sector's participation.
- Sports and Recreation – The focus of the facility is on sports, specifically pickleball and padel, highlighting the sports industry.
Financials
- $2.9 billion – Caliber's managed assets in real estate investment and development.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HonorHealth | Health and Wellness Partner | Company | A non-profit healthcare system in Arizona involved in providing sports medicine services. |
| PURE Pickleball & Padel | Facility Owner | Company | The entity developing the world's largest indoor pickleball facility. |
| Caliber | Co-Developer | PE Firm | A real estate investment firm partnering in the facility's development. |
| Kevin J. Berk | CEO and Co-founder | Person | CEO and Co-founder of PURE Pickleball & Padel. |
| Erik Dean, DO | Sports Medicine Medical Director | Person | Medical Director at HonorHealth overseeing sports medicine. |
| Chris Loeffler | CEO and Co-Founder | Person | CEO and Co-founder of Caliber. |