Life Time Fitness will be bulking up the Bloomingdale’s space at The Falls, as malls around the country try to adapt to the changing retail environment.
The company plans to break ground on a 140,000-square-foot luxury athletic resort after Bloomingdale’s closes its doors later this month, a spokesperson for Simon Property Group confirmed. Simon owns the mall at 8888 Southwest 136th Street in Miami.
WPLG Local 10 reported that Bloomingdale’s would be closing Jan. 11 after operating that store for 35 years, and the South Florida Business Journal first reported Life Time’s plans last year.
The Life Time resort would be completed by 2022, according to a press release. It will feature fitness and training areas with group fitness, cycling, yoga, Pilates and Barre studios; a kids academy, spa, cafe, regulation-size basketball courts, an indoor aquatic center and a 40,000-square-foot outdoor beach club with pools, whirlpools, lounge areas and a bistro.
In Florida, Life Time has locations in Tampa and Boca Raton and others in the pipeline in Coral Gables and Palm Beach Gardens. Last year, Life Time’s CEO Bahram Akradi paid $10 million for a waterfront single-family home lot in Hillsboro Beach.
Other changes at The Falls include an expansion and renovation of Regal Cinemas, which will be completed this summer, according to Simon’s website.
The Falls, a 55-acre shopping center, has nearly 840,000 square feet of retail space and more than 100 stores and restaurants, as well The Fresh Market. Macy’s is an anchor tenant.
Macy’s, which owns Bloomingdale’s, announced recently that it plans to close 28 Macy’s across the country, including one in Pompano Beach.