Life Time Signs Lease for New Miami Development
The fitness brand secured a 20-year commitment at a major mixed-use project planned for Biscayne Boulevard.
Updated on Oct. 28, 2026 in Openings & Closings
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Life Time has signed a 20-year lease for a space at 3180 Biscayne Boulevard in Miami as part of a large-scale mixed-use project by Crescent Heights. The development will feature 1,307 apartments, with at least 40 percent of those units designated as workforce housing.
Why it matters
The project leverages the Florida Live Local Act to expedite the approval process for high-density housing in an area experiencing significant urban growth. This initiative reflects broader efforts to address housing affordability in the city while integrating large-scale commercial amenities.
The development spans a 2.6-acre site and will include 1,163 parking spots alongside 98,729 square feet of total commercial space. Life Time has committed to a 20-year lease, which includes four additional five-year extension options.
The players
Life Time
An athletic lifestyle company based in Chanhassen, Minnesota, that operates a network of fitness centers and clubs.
Crescent Heights
A real estate development firm known for large-scale, high-density residential and mixed-use urban projects.
The details
The site, located at 3180 Biscayne Boulevard, serves as a significant expansion for the fitness company within the Edgewater neighborhood. The development plan also includes a 4,000-square-foot gym exclusively for residents, complementing the larger commercial footprint.
Timeline
Crescent Heights completed the 40-story Forma tower in 2024.
The developer filed plans to construct two towers at the site in January 2026.
Life Time signed the lease agreement in October 2026.
Market Landscape
This development represents a major push toward high-density mixed-use projects in Miami as firms compete for prime space in the Edgewater corridor. By utilizing the Florida Live Local Act, developers are effectively navigating regional land-use constraints to challenge the market dominance of existing local health clubs.
Local residents will see significant changes to the Biscayne Boulevard corridor as the development adds over 1,300 new apartment units and expanded fitness options. The inclusion of workforce housing may offer new living opportunities for service and professional workers currently priced out of the area.
The takeaway
This development marks a shift in how major fitness brands and developers collaborate to anchor high-density urban residential hubs. Readers looking for housing or gym memberships in Edgewater should monitor development updates as these long-term site plans progress.
Further reading
Explore more local projects at Miami Openings & Closings.
Source note: This article includes information reported by Commercial Observer.
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