Private membership club The Gathering Spot is closing its Los Angeles location.

The Gathering Spot has been an integral part of Black Hollywood, allowing young Black professionals to connect. The location has even hosted top figures such as Drake, LeBron James, and former Vice President Kamala Harris. But in recent months, the LA private membership club and coworking space has had a host of problems.

In a statement to its members shared via email, Gathering Spot CEO and Co-Founder Ryan Wilson announced that the West Coast location is closing its doors after allegedly failing to reach an agreement with the property’s landlord to resolve persistent issues. “After years of trying to make this location everything this community deserves, we were unable to reach an agreement with our landlord, and we will be closing the LA club on March 31st.”

Wilson stated that the location allegedly faced flooding that disabled the elevator and created an odor that persists today. Fortunately, the Gathering Spot co-founder is already seeking a new LA location. Current locations include Atlanta, Washington D.C., and, in March 2024, AFROTECH™ reported that a Houston location is also planned.

The Private Membership Club Had Investments From Top Celebrities

In late 2023, AFROTECH™ reported a failed merger between Gathering Spot and Greenwood, a digital banking platform. Co-founded by Killer Mike, Greenwood acquired Gathering Spot for $50 million. Gathering Spot later sued the organization for alleged breach of contract.

However, less than a year ago, Gathering Spot appeared to have bounced back after securing $30 million in investments and regaining sole ownership, as AFROTECH™ previously told you. Investors in the company include T.I., Big Sean, Charles Barkley, Cam Newton, Baron Davis, Tricky Stewart, and Will Packer.

In the release, Wilson was optimistic that the company would find a better location. “Our next space will be worthy of what you’ve given this club. I’m deeply frustrated by this outcome, but as motivated as I’ve ever been to deliver something better for you.”