Go back

Foy Fitness and Recreation Center dedicated

Today was a day of celebration at Austin Peay State University as students, faculty, staff, alumni and guests were on hand at the 2 p.m. dedication of APSUs new state-of-the-art fitness and recreation center located on Marion Street.

With a price tag of more than $11 million, the Foy Fitness and Recreation Center is named in honor of Chattanooga alumnus John N. Foy, who was present for the dedication.
Today was a day of celebration at Austin Peay State University as students, faculty, staff, alumni and guests were on hand at the 2 p.m. dedication of APSU's new state-of-the-art fitness and recreation center located on Marion Street.

With a price tag of more than $11 million, the Foy Fitness and Recreation Center is named in honor of Chattanooga alumnus John N. Foy, who was present for the dedication.

The center features a rock-climbing wall, three multipurpose courts for basketball and racquetball with an elevated walking track above each, two multiuse fitness rooms, indoor cycling studio, 10,000 square feet of fitness space, wellness classrooms and a food service area. Future plans call for a near-Olympic-size swimming pool to be built adjacent to the Foy Center.

According to Roy Gregory, executive director for University Advancement, APSU alumnus Jeff Stec, Mooresville, N.C., donated weight and fitness equipment for the Foy Center. Stec owns Peak Fitness, which is ranked among the top 25 fitness chains in the world. With more than 30 fitness centers located primarily in North Carolina and South Carolina, Stec is initiating a national franchise.

“We want to thank the students of Spring 2004 who voted to impose a debt-service fee on themselves so future students could benefit from this beautiful facility,” said Dr. Sherry Hoppe, APSU president. “And we also thank John Foy whose generous gift made this center much better than it would have been, had we had to depend on student fees only.

“John is a faithful alumnus who has quietly supported his alma mater for years. He has never wanted any attention brought to his generosity, but I'm pleased we convinced him to allow us to put his name on this magnificent building. It is a fitting way for us to show our appreciation.”

Foy, who earned a bachelor's degree from APSU and a jurisprudence doctorate from the University of Tennessee-Knoxville, is the chairman of the board, chief financial officer and treasurer for CBL & Associates Properties Inc.
Headquartered in Chattanooga, CBL & Associates Properties Inc. is a real estate investment trust (REIT) listed on the New York Stock Exchange as CBL. It is the fourth largest REIT in the country and owns, holds interests in or manages 128 properties including 79 market-dominant malls and open-air centers from coast to coast.

According to its Web site, CBL's growth strategy comes from the development and acquisition of regional malls. Since going public in 1993, CBL has generated tremendous growth as measured by portfolio size and increases in cash flows and dividends.

Foy has been involved in the shopping center industry since 1968 when he joined the Lebovitz family's shopping center development business. In 1970, he became affiliated with the shopping center division of Arlen. In 1978, he joined Charles B. Lebovitz as an associate in establishing CBL's predecessor.

Foy is a former member of the National Association of Real Estate Investment Trusts Board of Governors and former chairman of the Chattanooga Metropolitan Airport Authority Board and the Salvation Army. From 1985-94, he served as chair of the board of directors of First Fidelity Savings Bank of Crossville.

Foy serves on the advisory boards of the University of Tennessee-Chattanooga College of Business and AmSouth Bank of Chattanooga. He is a director and vice chair of the board of Chattanooga Neighborhood Enterprise, a non-profit organization assisting with affordable housing.

Lyle, Cook, Martin Inc., Clarksville, was the architectural firm for the Foy Fitness and Recreation Center. Construction of the Foy Center by A & K Construction Inc. began Sept. 12, 2005. -- Dennie B. Burke