EDGE Collective II

Done Deals is a new weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

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PTM Partners, the group behind the EDGE Collective development in St. Pete's EDGE District, is moving forward with plans for a second phase of the project, further connecting Central Avenue and the Historic Gas Plant Development.

During a recent St. Petersburg City Council meeting, the councilmembers, meeting as the Community Redevelopment Agency (CRA), unanimously approved the second phase of the EDGE Collective project.

The $98.5 million project, dubbed EDGE Collective II, is the second phase of the EDGE Collective development that broke ground in January 2022 on the 1100 Block of Central Avenue.

The EDGE Collective, a mixed-use development anchored by a 163-key Moxy by Marriott hotel, has landed another commercial tenant – Floyd’s 99 Barbershop – a rock ‘n’ roll themed hair salon.

Located at 1234-1246 Central Avenue, the EDGE Collective is currently under construction and consists of a Moxy by Marriott hotel and a renovated four-story building at 1246 Central Avenue, which will contain 8,000 square feet of food and beverage space on the ground floor and 16,000 square feet of commercial space on the upper floors. 

The Moxy hotel is expected to open sometime in the first half of 2024.

Previously announced tenants at the EDGE Collective include Rose’s Coffee Bar; solidcore, a pilates studio; and Sparrow, a bar and restaurant on the roof of the Moxy hotel. 

A Pilates gym with over 110 locations in more than 25 states is coming to the EDGE District of downtown St. Petersburg. The St. Pete [solidcore] will be the sixth to debut in the Sunshine State and the first on the Gulf Coast.

According to a news release, [solidcore] has leased 2,142 square feet on the ground level of The Moxy by Marriott Hotel, under construction at 1234-1246 Central Avenue. The gym will be open to hotel guests and the public.

The 1.6-acre, 163-key Moxy Hotel, a key part of the mixed-use EDGE Collective, is a joint venture between Miami-based PTM Partners and Fort Lauderdale-based and DoveHill Capital Management. 

The EDGE District of downtown St. Petersburg will continue its meteoric rise as PTM Partners has revealed to St. Pete Rising their plans for a new, walkable mixed-use development expected to bring luxury rentals, commercial spaces, dining and retail outlets, and parking to the burgeoning downtown neighborhood.

The project, dubbed EDGE Collective II, is a continuation of the adjacent EDGE Collective development that broke ground in January 2022 on the 1100 Block of Central Avenue.

The 500,000-square-foot development is situated directly across the street from the upcoming $6.5 billion Historic Gas Plant District redevelopment being spearheaded by The Rays and Hines.