1. Life Time and Silverstein Properties announced a significant partnership. 2. A new athletic club will open in Brooklyn's iconic tower. 3. The facility will span 80,000 square feet across seven levels. 4. This marks Life Time's largest location in Brooklyn to date. 5. The development expands LTH's footprint in a key urban market.
The expansion into Brooklyn strengthens LTH's market presence and brand awareness, following successful openings in urban areas, which historically increase membership and stock value.
The strategic location and market penetration indicate a strong potential for growth, enhancing investor confidence.
The location's size and prestige will attract members over time, contributing to sustained revenue growth similar to LTH's prior expansions.
will be the largest location in Brooklyn; Spanning seven levels and occupying approximately 80,000 square feet.
NEW YORK, March 11, 2025) /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, and Silverstein Properties, a leading real estate investment, development and management firm, today announced an agreement that will bring Life Time's unparalleled health and wellness experience to the iconic Brooklyn Tower at 9 Dekalb Avenue.