Jul 6, 2015
Boston Business Journal
Luxury fitness club operator Life Time Fitness is set to open its three-story, 128,000-square-foot Westwood operation later this month.
The location on Harvard Street is the Minnesota-based company's first in New England. Construction cost about $28 million, Life Time stated in a news release. A formal opening is set for July 20.
Fitness highlights include: an aquatic center with laptop and leisure pools; basketball courts; cardiovascular equipments; weights; and workout studios.
The site also will include a cafe; counseling for fitness and weight loss; and various programs and events for children.
Lifetime was founded in 1992 by Bahram Akradi and opened its first center two years later in Brooklyn Park, Minnesota, according to the company.
The closest club to Boston prior to the opening of the Westwood center is in New York, where the company has two. Life Time has three locations in New Jersey. Minnesota, with 23, has the most of any state. The company will have 117 with the opening of the Westwood location.
Life Time Fitness had been publicly traded but last month was acquired and taken private by and investment group led by Leonard Green & Partners of Los Angeles and involving TPG and LNK Partners. Life Time Fitness has about 22,500 employees and in fiscal 2014 posted revenue of $1.29 billion, according to company literature.
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