Life Time Fitness Inc., which already has five gym locations in metropolitan Phoenix, has announced plans to build a new facility on the north side of Peoria.
The Chanhassen, Minnesota-based company has purchased for $2.5 million a three-acre site at the corner of 67th Avenue and Happy Valley Road
The company, feeding into an ongoing demand for more fitness facility choices, is also building a new location in the upscale Biltmore Fashion Park in Phoenix.
Members of the Peoria City Council last October approved Life Time’s proposal to build the new facility, which will include three floors housing everything from workout areas to basketball courts and swimming pools.
The 120,000 square-foot structure will also feature a spa, café, and laundry facilities.
Launched in 1992, Life Time Fitness has more than 150 locations in the U.S. and Canada.
Those locations, with a strong presence in the Midwest and Texas, are in both newly-constructed structures as well as existing facilities that the company has re-purposed.
In the last two decades Life Time has built and remodeled just under 10 million square feet of facility space.
By Garry Boulard
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