Life Time Living Tops Out at PV, Bringing 327 Wellness Residences to North Phoenix

The transformation of the former Paradise Valley Mall reached another milestone on August 24 when RED Development, general contractor Clayco, and operator Life Time celebrated the topping out of Life Time Living Paradise Valley at 12900 N. Tatum Boulevard in north Phoenix.

The 11-story building totals roughly 650,000 square feet and will hold 327 luxury residences in one-, two-, and three-bedroom plans plus penthouses. Lamar Johnson Collaborative, Clayco’s design affiliate, is the architect. A pedestrian bridge will connect the tower to the adjacent 92,000-square-foot Life Time athletic club, and every resident receives a Life Time Signature membership as part of the wellness-focused living concept. The club itself features aquatics, a spa, and a rooftop beach resort of about an acre and a half.

Construction started in October 2025, and the opening is targeted for 2027. The residences are one piece of PV, the 100-acre, more than $2 billion redevelopment RED Development is leading on the mall site, which already includes retail, dining, and a Whole Foods Market. Life Time’s Eric Padget, RED’s Mike Ebert, and Clayco Southwest Region President Ryan Abbott marked the occasion.

The wellness-residential concept is still relatively new to Arizona. Life Time Living pairs apartments with a full athletic club membership and shared programming, betting that residents will pay for a lifestyle rather than just a floor plan. The north Phoenix location, surrounded by established neighborhoods and a short drive from the Loop 101 employment corridor, gives the concept a strong test market.

Why it matters to JFN

Topping out is the moment a multifamily project shifts from structure to systems, and on an 11-story wellness tower that transition is enormous: risers, domestic water distribution, drainage, and mechanical rough-in across 327 residences, all coordinated with an adjacent club carrying pools, spas, and a rooftop aquatic amenity. Projects of this scale in north Phoenix show how far the Valley’s multifamily market has matured, and they set a high bar for the mechanical and plumbing trades that bring them to life. We congratulate the RED, Clayco, and Life Time teams on the milestone.

Sources: AZ Big Media, August 24, 2026; Clayco