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A new ground-up location validates the growth trajectory in a high-potential market, signaling demand strength and potential membership growth; longer-term uplift depends on utilization and cross-sell success rather than immediate earnings impact.
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Life Time opened its first ground-up athletic country club in the Tampa-Sarasota market, a 180,000-square-foot destination featuring a resort-style Beach Club, 14 pickleball courts, and extensive fitness, recovery, and social amenities. The Lakewood Ranch opening strengthens Life Time's Gulf Coast presence, potentially boosting member growth and engagement while expanding cross-sell opportunities across its app and events.
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