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Life Time breaks ground on $1B Raleigh project with luxury residences and athletic club opening in 2028

Market News
02 Nov 2026, 20:21 WIB
PRNewsWire
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Bullish
Life Time breaks ground on $1B Raleigh project with luxury residences and athletic club opening in 2028

Life Time and Dewitt Carolinas have started Phase Two of a $1 billion development in Midtown Raleigh, featuring Life Time Living, a luxury residential tower, and an 80,000-square-foot athletic country club. Scheduled to open in 2028, the project integrates high-end living with wellness amenities including a rooftop beach club and pickleball courts. This development expands Life Time's healthy living ecosystem, aiming to blend residential life with fitness and wellness seamlessly. The Exchange Raleigh master plan also includes office space, retail, hotel rooms, and green spaces, enhancing the community's lifestyle offerings.

As of Nov 03, 2026 01:31 WIB, Life Time Group Holdings Inc. (LTH) shares are trading at USD 44.26, down 1.86% for the day on Pluang. The company’s market capitalization stands at $10.13 billion, reflecting significant investor interest in its expanding luxury living and wellness ventures. The ongoing development in Raleigh aligns with Life Time’s broader strategy to integrate residential and fitness amenities, a focus that is mirrored in its enterprise value of $14.16 billion.

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