Life Time and Dewitt Carolinas Break Ground on Life Time Living at The Exchange Raleigh
Key Highlights
- ➤$1 billion The Exchange Raleigh development enters Phase Two with groundbreaking
- ➤Life Time Living Raleigh targets 2028 opening for high-end rental residences
- ➤80,000-square-foot athletic country club planned alongside Raleigh residences
- ➤40,000-square-foot rooftop beach club will include two pools and four pickleball courts
- ➤The Exchange master plan includes up to 1,275 residential units and 990,000 square feet of offices
Expert Statements
Parham Javaheri, Executive Vice President, President of Real Estate and Chief Property Development Officer at Life Time
“Life Time has created an ecosystem that reimagines how people live, work and play, and the continued expansion of Life Time Living is a natural extension of that vision”
Parham Javaheri, Executive Vice President, President of Real Estate and Chief Property Development Officer at Life Time
“By bringing residential living and our athletic country clubs together, we're helping transform healthy living from something people make time for into something built into everyday life.”
Parham Javaheri, Executive Vice President, President of Real Estate and Chief Property Development Officer at Life Time
“Raleigh is an ideal market for this next chapter of growth, and together with Dewitt Carolinas and The Exchange Raleigh, we're proud to continue expanding this proven Life Time ecosystem.”
Todd Saieed, Chief Executive Officer of Dewitt Carolinas
“The Exchange Raleigh is the result of a long-term, firmly held vision to which our team has been committed for decades”
Todd Saieed, Chief Executive Officer of Dewitt Carolinas
“This milestone isn't just about breaking ground on the next phase; it's the culmination of being persistent and strategic in creating something truly exceptional.”
Todd Saieed, Chief Executive Officer of Dewitt Carolinas
“By bringing Life Time's incredible athletic country club and luxury living model to our community, we are delivering on our promise to make Midtown Raleigh a destination unlike any other.”
Anthony Consigli, Chief Executive Officer of Consigli Construction
“This project reflects what can happen when great partners come together around a shared vision, and from the start, Dewitt Carolinas and Life Time have been aligned in their commitment to creating something that will strengthen and serve the growing Raleigh community.”
Anthony Consigli, Chief Executive Officer of Consigli Construction
“The Consigli team is grateful for their trust and partnership, and we look forward to building alongside them as we bring this transformative next chapter for The Exchange and its future residents to life.”
Life Time and Dewitt Carolinas Break Ground on Life Time Living at The Exchange Raleigh PR Newswire
Milestone event launches phase two of $1 billion midtown Raleigh development bringing healthy luxury living to the Triangle as Life Time's healthy living ecosystem grows
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