Life Time and Dewitt Carolinas Celebrate Groundbreaking of Life Time Living at The Exchange Raleigh
On October 29, 2026, Dewitt Carolinas and Life Time, publicly traded under NYSE: LTH, officially broke ground on the project known as Life Time Living at The Exchange Raleigh. This crucial event signifies the start of Phase Two within a larger $1 billion development plan set to redefine Midtown Raleigh. As part of this momentous occasion, the firms celebrated a significant step in realizing their vision for a community that promotes healthy living through integrated amenities and residential options.
Life Time Living is anticipated to open in 2028 and will consist of a tall, multi-family residential tower offering high-end apartments for lease. Alongside this residential component will be an expansive, 80,000-square-foot Life Time athletic club spanning four levels, as well as a rooftop beach club boasting an additional 40,000 square feet, complete with swimming pools and pickleball courts.
Residents will have unparalleled access to a lifestyle that embraces wellness, where the athletic club and beach club are accessible not only to them but to Life Time's members as well. This project is built on the success of The Exchange's flagship WELL-certified tower, encouraging a healthy way of life at its core.
A Model of Integrated Living
“Life Time has developed a unique ecosystem that transforms the way individuals approach living, working, and leisure activities,” remarked Parham Javaheri, Executive Vice President of Life Time and its Chief Property Development Officer. “The growth of Life Time Living is a natural progression of that vision. By merging residential life with our athletic clubs, we aim to integrate health into the daily routines of our residents.”
The Life Time Living initiative promises several key features spanning both recreational and residential components:
- - Life Time Athletic Country Club: An extensive, luxurious facility stretching over 80,000 square feet, designed to cater to a variety of fitness pursuits, including studios for barre, yoga, high-intensity training, and Pilates. Additionally, it will include spaces geared towards functional training, recovery therapies, and more. The facility will house a full-service LifeCafe and Kids Academy, supporting families and health-minded individuals alike.
- - Rooftop Beach Club: Envisioned as an expansive outdoor space situated on the roof, this 40,000-square-foot area will provide two pools (a leisure pool and a six-lane lap pool) alongside four dedicated pickleball courts. Residents will find themselves at the intersection of leisure and fitness, with options to socialize, relax, and engage in recreational activities.
- - Luxury Residences: The apartments will range in size from 610 to 2,040 square feet, featuring high ceilings, abundant natural light from large windows, stainless steel kitchen appliances, and thoughtfully designed layouts. Additional highlights include work-at-home spaces, private dining options, outdoor amenities, and advanced soundproofing measures.
The Life Time Living project aligns with sustainable building practices, aiming for both NGBS Green and Fitwel® certifications, and complements a larger master plan that envisions 40 acres of development in Midtown Raleigh. The finished product will incorporate retail, dining, green spaces, and a substantial number of residential units, further enhancing the urban fabric of the community.
A Shared Vision for Community Development
As Todd Saieed, CEO of Dewitt Carolinas, articulated, “The Exchange Raleigh embodies a long-held vision that our team has diligently pursued. This milestone signifies not only a start to the next phase but highlights our commitment to creating an exceptional destination. Our collaboration with Life Time amplifies our promise to establish Midtown Raleigh as a premier location for living and leisure.”
Consigli Construction, who will play a pivotal role in this project, also emphasized the significance of collaboration among partners sharing a common vision for community enhancement. The whole endeavor reflects the necessity for strategic thought in shaping developments that serve growing communities.
For those interested in this innovative project, waitlists are active for the upcoming athletic club and residential units. The synergy between living spaces and fitness facilities at Life Time Living taps into an increasing demand for integrated lifestyles in urban settings.
Life Time has been a recognizable name in the Raleigh area since 2007, managing multiple athletic clubs designed with the community’s wellness in mind. The Living model was first introduced in Coral Gables, Florida, in 2021 and has now expanded to various other locations, showcasing Life Time's commitment to evolving how communities live healthily and robustly.
With this groundbreaking, both Dewitt Carolinas and Life Time aim to foster a neighborhood that not only highlights luxury and comfort but actively supports the well-being of its residents and members, thereby fostering a holistic living environment for all ages.