Life Time Breaks Ground on First Athletic Lifestyle Resort in Oregon with $70M Investment – Club Industry

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Set to open in late 2021, the club will transform the healthy living landscape in the Beaverton and greater Portland area with the development of Life Time & Life Time Work.

MINNEAPOLIS, Dec. 18, 2019 /PRNewswire/ --Life Time, thepremier healthy lifestyle brand,today broke groundon its newest planned destinationinBeaverton, Oregon the company's first in the state.The groundbreaking took place on thefuture home of both the athletic resort and co-working destination located atthe SW corner of Barnes Road and Cedar Hills Boulevard. Thismarks the start of the construction project, planned for completion in late 2021.

Beaverton Mayor Denny Doyleand Life Timerepresentatives were on hand for the event, which followedthe approval of the projectearlier this year.Thelocation will bring a premium co-workingspaceas well as acountry club-style, family recreation, spa, and athleticresort to the area.

Once open, theathletic resortdestination willfeaturea three-story, 140,000-square-foot athletic club featuring fitness and training areas with dedicated cycle, yoga, Pilates and Barre studios, Kids Academy, LifeSpa, LifeCafe, regulation-size basketball courtsindoor aquatic center and more.Outside, a 40,000-square-foot beach club will feature lap and leisure pools, whirlpools, lounge areas and a bistro for all ages.And finally, located on top of a dedicated parking structure, will be Life Time Work, a 45,000-square-foot premier shared workspace for established professionals. Life Time Work features an innovative and luxurious shared work environment including offices, open desksand lounge spaces. Membership also includes Diamond-level access to all Life Time destinations.

"We're excited to reach this important milestone with MayorDoyle," said Aaron Koehler,Vice President of real estate and development for Life Time. "Thecommunity discussion and input from Beaverton residents wasimportant in getting us to today,and we look forward to bringing our Healthy Way of Life mindsettoOregonfor the first timeas part of our nationwide expansion. While generating economic growth, we arethrilled to bring nearly 300 new jobs to the community once open."

Featuringworld-class amenities and signature programs for an elevated health and wellness experience for members of all ages, Life Timeworks to individualize each club's offerings to best fit the interests of the community with full-service healthy living experiences inside and outside of the club for everyone from 3 months to the most seasoned adults.

An online Wait List for those interested in being contacted about the new destination has been set up atwww.lifetime.life/beaverton. As the development progresses, aPreview Centerwillopen approximately four to five months in advance of the opening tooffera comprehensive showcase of the new club and its many amenities.

About Life Time Healthy Way of Life Life Time champions a healthy and happy life for its members across 149 destinations in 40 major markets in the U.S. and Canada. As the nation's only Healthy Way of Life brand, Life Time delivers an unmatched athletic resort experience that goes well beyond fitness to encompass the entire spectrum of daily life. Building upon its current portfolio, Life Timeis building its brand through thedevelopment of large, mixed-use lifestyle centers that feature Life Time resorts, Life Time Workco-working spaces and Life Time Livinghigh-end leased residences. These concepts, combined with distinctive programming, encompass the full spectrum of a healthy living, healthy aging and healthy entertainment experience for individuals, couples and families of all ages.

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Life Time Breaks Ground on First Athletic Lifestyle Resort in Oregon with $70M Investment - Club Industry

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