Health and Fitness Club Industry News: Chains
Sunday, March 26th, 2023
Life Time Expands Presence in Orange County with Athletic Country Club Opening at Lakeshore Development in Irvine
Posted: March 15, 2023 in Chains
IRVINE, CA - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, opens its newest location, Life Time Lakeshore-Irvine. The 94,000-square-foot athletic country club joins Laguna Niguel and Rancho San Clemente as the company's third Orange County destination. Read More...
Life Time Brings Luxury Athletic Country Club Experience to Scottsdale, Arizona
Posted: March 8, 2023 in Chains
SCOTTSDALE, AZ - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, debuts Life Time Scottsdale Fashion Square, a one-of-a-kind, 50,000-square-foot athletic country club. The opening marks the latest, and most unique, addition to Macerich's Scottsdale Fashion Square's luxury redevelopment with its members-only health and wellness offerings. Read More...
Life Time Signs New Sale-Leaseback Letter of Intent for $45 Million, Adding to Previously Announced Sale-Leaseback Transactions of $78 Million
Posted: March 2, 2023 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces that the company has entered into a non-binding letter of intent for the sale-leaseback of one property in a transaction totaling approximately $45 million in gross proceeds. The proposed transaction is with an institutional real estate investor that has completed multiple sale-leaseback transactions with Life Time previously. The parties intend for the sale and leaseback of the property to be completed in May 2023. Terms are consistent with the company's past transactions. Read More...
Women’s Health Teams with Life Time to Celebrate 6th Annual National Workout Buddy Day on Wednesday, March 1
Posted: February 28, 2023 in Chains
NEW YORK, N.Y. - Women's Health, the most established women's wellness media brand, has teamed up with Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, for National Workout Buddy Day on Wednesday, March 1. The sixth annual fitness holiday event will be celebrated with a series of workout classes streamed live by Women's Health and Life Time, and through in-club experiences across Life Time's portfolio of more than 160 destinations. Read More...
Manhattan’s First Permanent Indoor Pickleball Courts Debut at Life Time Sky
Posted: February 20, 2023 in Chains
NEW YORK, N.Y. - Life Time (NYSE: LTH), the country's largest owner and operator of pickleball courts across its network of luxury athletic country clubs, announces the opening of Manhattan's first permanent indoor pickleball courts at Life Time Sky, located at The Moinian Group's Sky luxury apartment building in Midtown West. Bahram Akradi, Life Time Founder, Chairman and CEO, world-ranked professional pickleball player Simone Jardim and pickleball pros and coaches from several of Life Time's Tri-State area locations officially christened the courts with high-level play. Read More...
Life Time City Centre Debuts Best in Class Squash Center with Nine Courts and Stadium Seating
Posted: February 1, 2023 in Chains
HOUSTON, TX - Life Time, (NYSE: LTH), one of the nation's premier healthy lifestyle brands, has upgraded its racquet sports experience at Life Time City Centre with an $800,000 investment into a new state-of-the-art squash complex. The new area features five additional courts, including an all-glass court with stadium seating available for events and large-scale squash tournaments. The existing four squash courts have also been renovated for a total of nine. Read More...
Life Time Signs Letters of Intent for $78 million in Sale-Leaseback Transactions
Posted: January 31, 2023 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces that the company has entered into non-binding letters of intent for the sale-leaseback of two properties in transactions totaling approximately $78 million with institutional real estate investors that have completed multiple sale-leaseback transactions with Life Time previously. Read More...
Life Time Expansion in New York City Continues with Opening of Seventh Location
Posted: January 18, 2023 in Chains
NEW YORK, N.Y. - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, debuts Life Time Midtown, a one-of-a-kind, 28,000-square-foot athletic country club, furthering the company's rapid expansion in New York City, marking its seventh location and fifth in Manhattan, specifically. Read More...
Life Time, The Brodsky Organization and Greenland USA Announce New Life Time Athletic Country Club at Brooklyn Crossing In 2024
Posted: January 11, 2023 in Chains
NEW YORK, N.Y. - The Brodsky Organization and Greenland USA announce the forthcoming addition of Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, to its recently opened Brooklyn Crossing development in Prospect Heights, Brooklyn. This relationship will bring the coveted Life Time athletic club experience to the 51-story residential tower in the heart of the borough in 2024. Read More...
Life Time Sky New York City to Expand with Dedicated Indoor Pickleball Club and Alpha Training Experience in Early 2023
Posted: January 4, 2023 in Chains
NEW YORK, N.Y. - Life Time (NYSE: LTH), the country's largest owner and operator of pickleball courts across its network of luxury athletic country clubs, is bringing pickleball to New York City with the announced addition of indoor, street-level courts to Life Time Sky, located at The Moinian Group's high-end residences in Hell's Kitchen. Additionally, the expansion will feature space dedicated to the company's renowned Alpha strength and conditioning training program. Construction has started with an anticipated opening by early February 2023. Read More...
Life Time Announces Top Health and Fitness Trends for 2023
Posted: January 2, 2023 in Chains
MINNEAPOLIS, MN - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands with more than 160 athletic country clubs across North America, is keeping tabs on the emerging trends in all-encompassing wellness as we start 2023. Every year brings changes in trends, industries, technology and discoveries that impact our day-to-day lives. To stay ahead of the game, Life Time worked with its various experts (Personal Trainers, Registered Dietitians, Coaches) to share predictions on what they see coming in 2023 for health, fitness, nutrition and mental wellness... Read More...
Life Time Unveils New 52,000-Square-Foot Athletic Club at Station Landing in Medford, Massachusetts
Posted: December 14, 2022 in Chains
BOSTON, MA - Life Time (NYSE: LTH), the nation's premier Healthy Way of Life brand, has opened Life Time Medford at Station Landing, a one-of-a-kind athletic club in the heart of Medford, Massachusetts. The 52,000-square-foot destination is the fourth in Middlesex County and sixth in Massachusetts. Medford Mayor Breanna Lungo-Koehn officially welcomed new members to the club with a commemorative ribbon-cutting ceremony. Read More...
Life Time Buckhead at Phipps Plaza Debuts
Posted: December 8, 2022 in Chains
CHANHASSEN, MN and ATLANTA, GA - Life Time Buckhead at Phipps Plaza has opened as the newest anchor in the redeveloped Phipps Plaza in Atlanta. The 127,000-square-foot destination occupies five stories at Simon's iconic property and brings together Life Time's (NYSE: LTH) one-of-a-kind athletic club and Life Time Work premium co-working experience. Read More...
Life Time’s Fourth Maryland Club Opens at Annapolis Town Center
Posted: November 30, 2022 in Chains
ANNAPOLIS, MD - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, announces the opening of Life Time Annapolis. Located at Annapolis Town Center, just minutes from the United States Naval Academy, Life Time's fourth Maryland club complements the center's entertainment, dining and shopping experience and adds to its growing health and wellness offerings. Read More...
UnitedHealthcare to Provide Millions of Eligible Medicare Members Access to All Life Time Clubs Nationwide
Posted: November 16, 2022 in Chains
MINNETONKA, MN and CHANHASSEN, MN - UnitedHealthcare, part of UnitedHealth Group (NYSE: UNH) and Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, have expanded their relationship to include access to all Life Time locations, helping even more people stay active and improve physical and mental wellbeing. UnitedHealthcare Medicare members with plans that include the Renew Active fitness program will now have access to all of Life Time’s nearly 160 athletic clubs in 29 states nationwide. Read More...
Major League Pickleball and Dynamic Universal Pickleball Rating Partner with Life Time in Strategic Alliance to Elevate Fastest-Growing Sport
Posted: November 7, 2022 in Chains
CHANHASSEN, MN - Nearly five million people are now playing pickleball according to the latest data from the Sports and Fitness Industry Association. To that end, Major League Pickleball (MLP) and DUPR (Dynamic Universal Pickleball Rating) announce a strategic alliance with Life Time (NYSE: LTH) to continue elevating the sport through hosting tournaments and events at iconic Life Time locations, adopting the DUPR official rating system across all Life Time clubs, partnering on improved technology and offering shared marketing support. Read More...
Life Time is #1 in Pickleball: 338% Monthly Participation Increase in Nine Months, 350+ Courts on a Path to 600+ by End of 2023
Posted: October 26, 2022 in Chains
CHANHASSEN, MN - As pickleball participation continues its explosive growth, so too have the number of permanent pickleball courts at Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands. In fact, no other organization in America can say it owns and operates more permanent pickleball courts, now surpassing 350 across its locations with plans to top 600 by the end of 2023. Read More...
Life Time Debuts First Luxury Athletic Country Club in Brooklyn
Posted: October 18, 2022 in Chains
BROOKLYN, N.Y. - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, announces the opening of Life Time Dumbo, the company's first location in Brooklyn and sixth in New York City. Prominently located in the up-and-coming Dumbo neighborhood within the Front & York development, the 3-story, 77,000-square-foot healthy living destination will serve members from nine months to 90+ years with an abundance of health and wellness activities starting with its Kids Academy up through specialized ARORA programming for active agers. Read More...
Life Time to Reveal New Luxury Residences with Exclusive Concierge Team Focused on Resident Wellness
Posted: September 29, 2022 in Chains
HENDERSON, NV - Life Time (NYSE: LTH), one of the nation's premier healthy lifestyle brands, is debuting its first luxury leased residences, Life Time Living, in Henderson, Nevada's upscale Green Valley neighborhood. The striking new residential midrise tower shares a campus with a Life Time Athletic Resort and Spa, creating a 16.5-acre village for residents and members. Read More...
Life Time Unveils Nearly 148,000 Square-Foot Athletic Country Club in Lake Zurich; Second Life Time to Open in Chicagoland in 2022
Posted: September 23, 2022 in Chains
LAKE ZURICH, IL - Life Time (NYSE: LTH), the nation's premier Healthy Way of Life brand, officially opens Life Time Lake Zurich, a one-of-a-kind athletic country club in the Village of Lake Zurich, Illinois. Covering nearly 148,000 square feet across three floors and an resort-like outdoor beach club, Life Time will serve members from nine months to 90+ years with a wide array of healthy living, healthy aging programs and services from children's programming through active agers. Read More...
