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Auburn Hills Unveils New Multi-Million Dollar Pickleball Facility

The Greystone Pickleball Club in Auburn Hills is set to become the heart of pickleball in Eastern Michigan.

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News Summary

Auburn Hills is excited to announce the construction of the Greystone Pickleball Club, a new facility covering 4.9 acres. With 18 courts and 60,000 square feet of indoor space, it aims to serve as a community hub for pickleball enthusiasts of all types. Multiple financial institutions have collaborated to bring this project to fruition, showcasing the community’s commitment to enhancing recreational opportunities and economic growth.

News Summary

Auburn Hills Welcomes New Pickleball Haven with Multi-Million Dollar Investment

Exciting news is buzzing around Auburn Hills as plans for a sparkling new pickleball facility get underway! The Greystone Pickleball Club, LLC is set to take up a whopping 4.9 acres, promising not just a space for players, but a vibrant community hub for pickleball enthusiasts of all ages and skill levels.

A Game Changer for Pickleball Lovers

This new facility is not just about playing the game; it’s about creating connections. With 18 courts nestled inside a sprawling 60,000 square foot indoor area, the Greystone Pickleball Club is gearing up to become the heart of pickleball in Eastern Michigan. This inviting environment is designed to facilitate not only competitive play but also learning and social interactions, making it a welcoming space for everyone, from novices to seasoned players.

Collaboration at Its Best!

Making this ambitious project a reality wasn’t a one-man show. Multiple esteemed financial institutions collaborated to bring the vision to life. Element 22 Commercial Group took the reins to coordinate the financing, and their hard work paid off! With key contributors including Blue Ox Credit Union, Chief Financial Credit Union, and Honor Credit Union, this remarkable collective effort really showcases the spirit of community investment. Other participants like CU Evolution, Connects Federal Credit Union, and Michigan Business Connection joined hands to ensure that the funding would adequately support the facility’s construction and operations.

Financing the Future

The financial backing for the Greystone Pickleball Club came through a well-structured process, utilizing an SBA 504 loan in collaboration with Great Lakes Commercial Finance. This partnership enables small businesses in the community to access crucial capital. The expertise of Independence Business Consulting was instrumental in preparing the loan, highlighting their vast experience in commercial lending, ensuring everything went smoothly.

A Community-Focused Initiative

The excitement surrounding this project isn’t just about the financial numbers; it’s about the future of recreation in Auburn Hills. A representative from Security Credit Union mentioned that this facility will provide extraordinary recreational opportunities for the community, all while promoting economic growth. The establishment looks set to become a glorious gathering spot for locals, making it much more than just a sports venue.

History and Significance

Let’s take a moment to appreciate the legacy of some of the involved institutions. For instance, Security Credit Union has been a reliable institution serving the community since 1949, now boasting over 50,000 members across Michigan and northwestern Ohio. Such a longstanding presence in the financial sector emphasizes the stability and trustworthiness behind the investment.

The Road Ahead

With Element 22 not only coordinating the financing but also taking on the role of Loan Servicer and Participant aggregator, the future looks bright. They are known for providing comprehensive commercial lending services across the nation, including loan sourcing, underwriting, and closing documents.

In summary, the Greystone Pickleball Club is not just an addition to Auburn Hills; it’s a testament to what collaboration can achieve. With funding from a diverse range of financial institutions, the club aims to elevate pickleball in the region, creating a dynamic environment where players can hone their skills, meet new friends, and build a robust community centered around this exhilarating sport. The wait is on, and all eyes will be on Auburn Hills as this delightful project unfurls!