What’s rising next at The Exchange Raleigh? Hint: It includes a rooftop beach club
AI-generated summary reviewed by our newsroom.
- Dewitt Carolinas will add a 80,000-square-foot Life Time club to The Exchange Raleigh.
- The project includes a 35,000-square-foot rooftop beach club and an apartment tower.
- The project announced in 2024 is slated to break ground this year.
The next phase of The Exchange Raleigh is taking shape, and it comes with a distinctly high-end twist: Raleigh-based developer Dewitt Carolinas has struck a deal to bring a three-level 80,000‑square‑foot Life Time athletic club — with a 35,000-square foot rooftop beach club and apartment tower with 250-plus luxury units.
First announced in 2024, it’s slated to break ground this year, the firm confirmed this week, marking a new chapter for the 40-acre billion-dollar mixed-use project rising just north of the interstate.
The exact date remains unclear.
“At this time, we don’t have more specifics,” said Natalie Bushaw, Life Time’s spokesperson.
Rental prices were not disclosed but will be made available closer to launch in 2027, the company said. (Life Time Living at Gables Station in Miami has studios to three bedrooms listed with rent ranges from $2,243 per month to $10,664 per month.)
Life Time, formerly Life Time Fitness, began as a single Minnesota gym in the early 1990s. It has grown into a national network of clubs — part of a growing empire that’s rebranding fitness centers into upscale hybrids: part gym, part spa, part social club.
Earlier this year, the firm announced a 100,000‑square‑foot club at Alston Town Center in West Cary.
Others include Life Time Cary, which opened in 2007, Life Time Apex (formerly Lifestyle Family Fitness), which opened in 2012, and Life Time Raleigh, which opened in 2015.
The Exchange Raleigh’s expanding footprint
The Exchange Raleigh broke ground in 2022.
Its flagship 12-story office tower — 1000 Social — opened in late 2024. The current retail lineup includes five ground‑floor tenants — WRK by The Optimist, Peregrine, Bongiorno & Son Italian Specialties, Toastique, and Mezcalito.
Once complete, it will feature four acres of green space, up to 990,000 square feet of office space, up to 1,275 residential units, 300 hotel rooms, and 125,000 square feet of retail and dining.
