Lifetime Fitness 2009 Annual Report Download - page 27

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22
Item 2. Properties.
Our corporate headquarters, located in Chanhassen, Minnesota next to our Chanhassen large format center, is a
105,000 square foot, free-standing, three-story building that we own.
As of February 26, 2010, we operated 86 centers in 19 states, of which we leased 27 sites, were parties to long-term
ground leases for six sites, owned 52 sites and were a member to a joint-venture that owned one site. We expect to open
three large format centers, as well as two boutique centers featuring services such as Pilates, yoga, personal training and
massage, in 2010 on sites we own or lease in various markets. One of the large format centers opened in January and
the remaining two are currently under construction. One of the boutique centers opened in February. Excluding
renewal options, the terms of leased centers, including ground leases, expire at various dates from 2010 (St. Paul,
Minnesota) 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)
86 Scottsdale (Pima Crossing), AZ ................. Other 20,620 Feb-10
85 Beachwood (Cleveland), OH ..................... Large/Current 112,110 Jan-10
84 Collierville, TN ........................................ Large/Current 112,110 Jun-09
83 Lake Houston (Houston), TX .................... 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 (Dallas), TX ............................. 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 (Cincinnati), 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 (Columbus), 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 ..................................... 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