Lifetime Fitness 2008 Annual Report Download - page 26

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20
Item 2. Properties.
Our corporate headquarters, located in Chanhassen, Minnesota next to our Chanhassen current model center, is a
105,000 square foot, free-standing, three-story building.
As of February 27, 2009, we operated 83 centers in 18 states, of which we leased 26 sites, were parties to long-term
ground leases for six sites and owned 51 sites. We expect to open up to six centers in 2009 on sites we own or lease in
various markets. Two of the centers opened in February and the remaining four are currently under construction.
Excluding renewal options, the terms of leased centers, including ground leases, expire at various dates from 2010
through 2049. The majority of our leases have renewal options and a few give us the right to purchase the property.
The table below contains information about our open centers:
Location Center Format Square Feet (1) Date Opened (2)
83 Lake Houston, TX (Houston) Large/Current 112,110 Feb-09
82 Berkeley Heights, NJ Large/Current 112,110 Feb-09
81 Westminster, CO Large/Current 112,110 Nov-08
80 Florham Park, NJ Large/Current 109,995 Nov-08
79 Loudoun County, VA Large/Current 112,110 Oct-08
78 Mansfield, TX (Dallas) Large/Current 129,155 Oct-08
77 Vernon Hills, IL Large/Current 140,495 Sep-08
76 Houston City Centre, TX Large/Current 140,495 Sep-08
75 Rockville, MD Large 66,700 Sep-08
74 Mountain Brook, GA Large/Current 112,110 Jun-08
73 West County, MO Large/Current 112,110 Jun-08
72 Johns Creek, GA Large/Current 112,110 May-08
71 Parker, CO Large/Current 129,155 Jan-08
70
N
W San Antonio, TX Large/Current 112,110 Dec-07
69 Sugarloaf, GA Large/Current 112,110 Nov-07
68 South Austin, TX Large/Current 109,045 Oct-07
67 Premier Place (Dallas), TX Large 62,000 Sep-07
66 White Bear Lake, MN Large 58,782 Sep-07
65 Deerfield Township, OH Large/Current 127,040 Jul-07
64 Omaha, NE Large/Current 115,030 Jun-07
63 Lakeville, MN Large/Current 115,030 Jun-07
62 Cary, NC Large/Current 109,995 May-07
61 Dublin, OH Large/Current 109,045 Apr-07
60 Scottsdale, AZ Large/Current 109,775 Dec-06
59 Alpharetta, GA Large/Current 109,720 Dec-06
58 Goodyear - Palm Valley, AZ Large/Current 109,775 Oct-06
57 Overland Park, KS Large/Current 110,080 Oct-06
56 South Valley, UT Large/Current 108,925 Aug-06
55 Boca Raton, FL Large 73,688 Jul-06
54 Bloomington South, MN Large 95,314 Jul-06
53 Eden Prairie, MN (4) Large 89,011 Jul-06
52 St. Louis Park, MN Large 189,496 Jul-06
51 Crosstown (Eden Prairie), MN Large 145,896 Jul-06
50 Minneapolis - Target Center, MN Large 170,925 Jul-06
49 Fridley, MN Large 162,048 Jul-06
48 Allen-McKinney (Dallas), TX Large/Current 125,475 May-06
47 Columbia, MD Large/Current 110,563 Feb-06
46 Minnetonka, MN Other 41,000 Jan-06
45 Maple Grove, MN Large 72,500 Dec-05
44 San Antonio, TX Large/Current 110,563 Dec-05
43 Romeoville, IL Large/Current 110,563 Sep-05
42 Austin, TX Large/Current 110,563 Sep-05
41 Chanhassen, MN Large/Current 110,563 Jul-05
40 Cinco Ranch, TX (Houston) Large/Current 108,890 Jun-05
39 Commerce Township, MI Large/Current 108,890 Mar-05
38 Colleyville, TX (Dallas) Large/Current 108,890 Nov-04