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Lifetime Fitness Acquires Nine Acres From Opus

MARICOPA COUNTY, AZ-The health-club operator pays $7.3 million for 9.1 acres in the Northeast Valley after spending at least a year looking for the right site for its third location in the region. The 110,000-sf facility will break ground this quarter.

By Jennifer D. Duell | Updated on January 26, 2005

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MARICOPA COUNTY, AZ-With plans to build a third facility in the Valley, Lifetime Fitness Inc. of Eden Prairie, MN, has acquired 9.1 acres at the southwest corner of Mayo Boulevard and 70th Street. The health-club operator has paid $7.3 million to Opus West Corp. for land in an unincorporated area of Maricopa County on the Phoenix-Scottsdale border.

Lifetime Fitness, which has its own in-house design and construction team, plans to break ground this quarter on a 110,000-sf sports, professional fitness, family recreation and resort/spa center facility. The $15-million project will be completed in the fall.

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