Historic Mari Jean Hotel to be renovated into gay resort in St. Pete's Grand Central District
/Did you know that St. Pete is continuously ranked as one of Florida’s top cities for inclusivity of LGBTQ+ individuals?
Entrepreneur and designer David Fisher recognized the need to cater to this diverse community through his many whimsical ventures, including his ultra-popular COCKtail bar, The Saint Speakeasy, and ZaZoo'd.
His latest downtown St. Pete venture is the The Mari-Jean Hotel, an adults only gay men’s hotel currently being redeveloped at 2349 Central Ave. The new Mari-Jean will reopen this year as the premier resort for gay travelers, with 54 spacious hotel rooms consisting of kings, queens, and one full suite, to accommodate guests from around the world.
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Several prominent properties in the EDGE District have sold for $12 million.
According to a deed recorded October 6th, developer PTM Partners sold the three-story building at 1246 Central Avenue and the street-level retail spaces at the adjacent Moxy hotel to L3 Capital, a Chicago-based private equity real estate investment firm that focuses on urban retail.
The 27,261-square-foot building at 1246 Central Avenue is home to Bosphorous Turkish Cuisine and Amorino Gelato on the ground floor. Digital marketing company WebFX has signed a lease for the third floor but has not yet moved in, while the approximately 8,700-square-foot second floor remains available for office tenants.
The sale also includes the Moxy hotel’s 3,407 square feet of ground-floor retail space, occupied by Floyd’s Barbershop and Solidcore. It does not include the 163-room Moxy hotel itself, which remains part of PTM Partners’ EDGE Collective development.
James Garner and Jim Shiebler of CBRE represented PTM Partners and L3 Capital in the transaction.