Monday, April 8, 2019

Life Time Fitness to add 45,000 square feet, co-working in KoP

By Natalie Kostelni  – Reporter, Philadelphia Business Journal
Life Time Fitness Inc. is planning to expand its King of Prussia facility to include its Life Time Work concept.

The Minnesota-based health club chain is proposing to construct a two-story, 45,000-square-foot building that would house co-working space next to its facility on Swedesford Road and Old Eagle School Road. It is also proposing to expand its parking, something that members say is sorely needed at the existing facility.

Earlier this year, Life Time Fitness paid $4.9 million for a 5.38-acre parcel at 750 E. Swedesford Rd. that sits adjacent to its existing King of Prussia property. That is where the company plans to build the addition.

In 2015, Life Time bought 14.5 acres from CertainTeed Corp. and built a $30 million, 150,000-square-foot resort-style Life Time Athletic fitness facility on the site that opened in June 2017. It has attracted hundreds of members and considered a success, according to people familiar with it.
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