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February 10, 2016 6:18 AM ET

Hotels, Restaurants and Leisure

Company Overview of Life Time Fitness, Inc.

Company Overview

Life Time Fitness, Inc., together with its subsidiaries, designs, builds, and operates sports and athletic, professional fitness, family recreation, and spa centers for organizations, communities, and individuals. The company offers programs in various areas, such as group fitness, yoga, swimming, running, racquetball, squash, tennis, pilates, martial arts, kids activities and camps, adult activities and leagues, rock climbing, cycling, basketball, personal training, and weight loss and nutrition initiatives services, as well as spa, medi-spa, and chiropractic services. It operates LifeCafe that provides organic, preservative, and cage-free healthy and all-natural food products, as well as n...

2902 Corporate Place

Chanhassen, MN 55317

United States

Founded in 1990

7,300 Employees

Phone:

952-947-0000

Fax:

952-368-2816

Key Executives for Life Time Fitness, Inc.

Founder, Chairman and Chief Executive Officer, President
Age: 54
Chief Financial Officer
Age: 48
Chief Operating Officer and Executive Vice President
Age: 53
Chief Administrative Officer and Executive Vice President of Lifespa
Age: 53
Principal Accounting Officer, Senior Vice President and Controller
Age: 54
Compensation as of Fiscal Year 2015.

Life Time Fitness, Inc. Key Developments

Life Time Fitness, Inc. in Partnership with the Moinian Group to Open First New York City Athletic Club in Spring 2016

Life Time Fitness, Inc. in partnership with The Moinian Group, will open its first New York City-based club—Life Time Athletic at Sky—in Spring 2016. The nearly 70,000 square-foot, multi-level high-end destination will serve its members with an unparalleled, resort-style health, fitness and lifestyle experience in New York City's new and large luxury rental building, Sky, located at 605 W. 42 Street. The high-touch, luxurious, personalized and service-focused club will include many amenities not readily found in Manhattan, including two zero-edge outdoor pools, a 60-foot long indoor pool and a water club with Turkish-style hammam; spacious and beautifully-appointed studios dedicated to group fitness, yoga and cycling studios; best-in-class fitness and cardio equipment; a professional-size indoor basketball court featuring Ultimate Hoops basketball leagues; LifeCafe featuring a full menu with wholesome ingredients, free of artificial additives and LifeSpa offering skin care and nail services.

Life Time Fitness, Inc. Opens Life Time Athletic Mount Laurel in New Jersey

Life Time Fitness, Inc. has opened a new Life Time Athletic Mount Laurel in New Jersey. The two-story, nearly 170,000-square-foot destination, located at 3939 Church Road, will offer a health and fitness experience unique to South Jersey, which includes an indoor and outdoor aquatic center with zero-depth entry pools, lap pools and waterslides. In addition, the new center will boast a broad array of highly personalized programs and services that allow members to engage in their areas of interest and help them achieve their total health objectives, athletic aspirations and fitness goals. Life Time Athletic Mount Laurel will offer something for every age and physical ability. From fitness to nutrition; recreation and entertainment; aquatics, basketball leagues, spa, relaxation and more, this first-of-its-kind South Jersey center will help every member of the family achieve their individual health and fitness goals.

Life Time Fitness, Inc. to Open its Second New Garden City Location

Life Time Fitness, Inc. will hire 275 full- and part-time workers for its new Garden City location. The $44 million Life Time Athletic health club, the chain's second on Long Island, is at the site of the former Fortunoff clearance center at 750 Zeckendorf Blvd. and is scheduled to open by the end of the year.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 18, 2015
The St. Louis Park facility, at 5525 Cedar Lake Road
Merger/Acquisition
June 11, 2015
Life Time Fitness Inc., Portfolio of Ten, Large-Format, High-End Fitness Centers
Merger/Acquisition
March 16, 2015
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