Business:

New health club to open near Green Valley Ranch in 2014

Life Time Fitness, a Minnesota-based health club chain, is building an $8.5 million facility next to the Green Valley Ranch Resort in Henderson, as seen on Dec. 3, 2013.

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Life Time Fitness, a Minnesota-based health club chain, is building an $8.5 million facility next to the Green Valley Ranch Resort in Henderson, as seen on Dec. 3, 2013.

A new, massive health club is coming to Henderson.

Life Time Fitness is building an $8.5 million, 171,000-square-foot facility just west of Green Valley Ranch Resort, city records show.

The company plans to open the center in the fourth quarter of 2014, although the exact timing has not been decided, spokeswoman Natalie Bushaw said.

According to Bushaw, it will cost about $25 million to develop the project.

Life Time bought the 16.5-acre site from American Nevada Co. in September for $10 million.

The Greenspun family, owner of VEGAS INC and the Las Vegas Sun, also owns American Nevada.

Based in Minnesota, Life Time operates 108 fitness centers in the United States and Canada, including one in Las Vegas, on Charleston Boulevard near Red Rock Resort.

Business

CORRECTION: The story has been updated with a new project development cost, as provided by Life Time Fitness. | (March 20, 2014)

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