Macerich to Welcome Life Time to Twenty Ninth Street in Boulder
25 Janeiro 2024 - 8:00AM
Macerich (NYSE: MAC), one of the nation’s leading owners, operators
and developers of high-quality retail and mixed-use properties in
top markets, today announced that much-admired healthy lifestyle
brand Life Time (NYSE: LTH) is coming to Twenty Ninth Street in
central Boulder, Colorado early next year.
Following a significant renovation, the 40,000-square-foot space
will be entirely transformed as Life Time Boulder, replacing the
former Colorado Athletic Club. The move brings Life Time’s luxury
health and wellness programs, services and professionals to active
Boulderites and visitors, while leveling up the wellness, fitness
and lifestyle offerings available at Twenty Ninth Street.
“We are so pleased to welcome Life Time to Twenty Ninth Street,
our one-of-a-kind outdoor property in the heart of Boulder,” said
Bob Beffa, Senior Vice President, Real Estate, Macerich. “With
three high-performing Life Time locations already operating at
other top regional town centers in our portfolio, we can say with
confidence that they are a terrific operator, and their
amenity-rich athletic facilities are top-notch. We are especially
appreciative that, with Life Time, Twenty Ninth Street will
continue to offer an outstanding fitness experience geared to this
incredibly active community.”
Located at 1821 30th St., the destination will be the Company’s
first in Boulder and will be a cornerstone of the open-air,
mixed-use lifestyle center that includes sought-after shopping,
dining and entertainment, plus office uses, adjacent to Google’s
Boulder campus and just minutes away from the University of
Colorado Boulder.
“Our full transformation at Twenty Ninth Street will bring new
energy and excitement as the premier luxury athletic and social
club in Boulder,” said Parham Javaheri, Life Time President of Club
Operations and Chief Property Development Officer. “Our ongoing
collaboration with Macerich has proven to be successful for both
entities as we continue to bring the Life Time brand to highly
desirable locations as part of our asset-light strategy.”
Other Macerich properties at which Life Time operates include
Biltmore Fashion Park in Phoenix, Scottsdale Fashion Square in
Scottsdale, Arizona, and its most recent opening at Broadway Plaza
in Walnut Creek, California. Life Time currently operates at six
destinations in Colorado with its newest opening, Life Time Denver
West, opening in Wheat Ridge scheduled for the first half of
2024.
To join the waitlist and be among the first to receive updates
visit Life Time Boulder. Additionally, follow along at
LifeTime.Life on Facebook, Instagram
and Twitter.
About Life Time, Inc.Life Time
(NYSE: LTH) empowers people to live healthy, happy lives through
its portfolio of more than 170 athletic country clubs
across the United States and Canada. The Company's
healthy way of life communities and ecosystem address all aspects
of healthy living, healthy aging and healthy entertainment for
people 90 days to 90+ years old. Supported by a team of more than
37,000 dedicated professionals, Life Time is committed to providing
the best programs and experiences through its clubs, iconic
athletic events and comprehensive digital platform.
About Twenty Ninth Street Located in Boulder,
Colorado, Twenty Ninth Street is an open-air shopping center
featuring top brands like Apple, Anthropologie, Nordstrom Rack,
lululemon, Nike by Boulder and Arhaus, as well as delicious
restaurants like BJ’s Restaurant | Brewhouse, Birdcall, Chipotle,
Modern Market, motomaki and Shake Shack, plus Century Theatres.
Additional information about Twenty Ninth Street can be found
at www.twentyninthstreet.com.
About MacerichMacerich is a fully integrated,
self-managed and self-administered real estate investment
trust (REIT). As a leading owner, operator and developer of
high-quality retail real estate in densely populated and attractive
U.S. markets, Macerich’s portfolio is concentrated in California,
the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York
to Washington, D.C. corridor. Developing and managing properties
that serve as community cornerstones, Macerich currently owns 46
million square feet of real estate consisting primarily of
interests in 43 regional town centers. Macerich is
firmly dedicated to advancing environmental goals, social good and
sound corporate governance. A recognized leader in sustainability,
Macerich has achieved a #1 Global Real Estate
Sustainability Benchmark (GRESB) ranking for the North
American retail sector for nine consecutive years (2015-2023).
For more information, please visit www.Macerich.com.
Macerich uses, and intends to continue to use, its Investor
Relations website, which can be found
at investing.macerich.com, as a means of disclosing material
nonpublic information and for complying with its disclosure
obligations under Regulation FD. Additional information about
Macerich can be found through social media platforms such as
LinkedIn. Reconciliations of non-GAAP financial measures, including
NOI and FFO, to the most directly comparable GAAP measures are
included in the earnings release and supplemental filed on Form 8-K
with the SEC, which are posted on the Investor Relations website
at investing.macerich.com.
MAC-LSOURCE: MacerichMEDIA CONTACT: Karen Maurer, Macerich,
602-708-6311, Website: http://www.macerich.com
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