4. Carothers Crossing East
Carothers Crossing East will be anchored by a huge fitness center that is getting ready to open in the fall.
Life Time Fitness, the total-package fitness mega-center will open on the 21.7-acre property on the northeast corner of Carothers Parkway and Old Liberty Pike in Cool Springs.
The two-story, 120,000-square-foot facility will sit on the northeast corner of Carothers Parkway and Liberty Pike and will offer dance, art, music and tumbling studios, an indoor and outdoor pool, water slide, cafés, basketball courts and a full-service salon and spa. Plans for Carothers Crossing East, which is just south of the huge Ovation mixed-use development site, include a second, 48,000 square-foot building for retail and office space, approved by the Franklin Municipal Planning Commission in October of 2015.
Construction, which started with design work last April and continues, will proceed in two phases.
In May 2016, Franklin Synergy Bank loaned $24 million to SouthStar, the developer for the project, which has an address of 1214 Liberty Pike.
SouthStar bought the land in late 2015 for $11 million.
Glen Wilson of SouthStar said the bank loan is sufficient to fund overall site work and also the Life Time facility. Future development on the property would need additional financing.
Life Time has 118 other locations around the country and Canada, most of which operate 24 hours a day.Options of programs Life Time offers include: basketball, cycle, group fitness, kids, life clinic, life spa, pilates, racquetball, run, squash, swim, tennis, training, weight loss, yoga, life cafe, kids academy, athletic events and medi spa.
It is already accepting membership for the coming location.
Their website says they offer the best features of gyms, health clubs, family recreation centers, sports clubs and spa destinations.