The company plans to build a pair of three-story 100,000-sf office buildings there but has yet to set a construction timetable for the projects. The company says it has yet to make a final determination as to how the buildings would be used. Moving its headquarters there is one possibility, says Jason Thunstrom, a spokesman for Life Time. "It's an option, but until the company makes a decision on that, that's not something we intend to disclose," Thunstrom says.

The Chanhassen City Council recently approved plans in part with the understanding that Life Time would strongly consider moving its headquarters to the site, according to council testimony from Kate Aanenson, the city's community development director.

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