Life Time to build giant location in the East Valley
By Ron Davis, Phoenix Business Journal
Luxury fitness club Life Time has eyes on another big box location in the Valley.
Plans were submitted to the Gilbert Planning Commission for a club on the southwest corner of Val Vista Drive and E. Ocotillo Road on a more than 15-acre site. The proposed fitness club will encompass more than 120,000 square feet between two stories and have 640 parking spaces, according to Vizzda LLC.
On June 1, the planning commission approved the site plan, landscape, grading and drainage, elevations and floor plans for LifeTime South Gilbert, according to the action minutes from the meeting.
Representatives from Life Time could not be immediately reached for comment.
Life Time already has a location in Gilbert — a 109,000-square-foot club at 381 E. Warner Road. The site includes indoor and outdoor pools kids spaces, locker rooms, saunas and steam rooms, according to Life Time’s website. A single-person monthly membership costs $99 per month for that location.
The Minnesota-based fitness club has six operating locations in the Valley, including one in the works at the Scottsdale Fashion Square mall. That location will be an “athletic resort” for Life Time across three stories and 40,000 square feet, according to previous Business Journal reporting. It will come online in late 2022, according to a list of locations on Life Time’s website.
Life Time opened its 105,000-square-foot club at Phoenix’s Biltmore Fashion Park in 2020.
Life Time’s entity LTF Real Estate Co. Inc. has owned the land for its proposed Gilbert site since November 2019.
At the time, Life Time acquired the site for nearly $6.7 million in a cash deal from Caballero Apartments LLLP, according to an affidavit of property value recorded with the Maricopa County Recorder’s Office.