January 05, 2024

20-story, 360-unit mixed-use development approved for St. Pete’s EDGE District

January 05, 2024/ Veronica Brezina

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.

January 04, 2024

Barbershop chain with rock 'n' roll flair to open on Central Avenue in St. Pete's EDGE District

January 04, 2024/ Brian Hartz

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.

January 03, 2024

Plans shift for 23-story apartment building proposed for 17th Street South in downtown St. Pete

January 03, 2024/ Veronica Brezina

Plans have shifted for a 23-story apartment building that was proposed in 2022 for 17th Street South in downtown St. Pete.

In late December, Miami-based commercial real estate investment firms Black Salmon and LD&D purchased the property at 155 17th Street South in a roughly $9 million deal from Apogee Real Estate Partners, a St. Pete-based real estate firm led by John Barkett and John Stadler.

The South Florida joint venture also assumed a $5.12 million mortgage loan from Apogee.

The purchase follows the city's recent streamlined approval of minor modifications to the 0.77-acre site which increased the project’s unit count from 204 to 260, decreased the retail space from 6,000 square feet to 4,961 square feet, and decreased the number of parking spaces from 300 to 260.The project’s height of 299 feet and FAR of 7.0 remains unchanged.

January 03, 2024

Fit2Run finds a new home on Central Avenue in downtown St. Pete

January 03, 2024/ Veronica Brezina

Fitness retailer Fit2Run is relocating to a new downtown St. Pete site as its existing bright yellow building will be demolished as part of a planned redevelopment.

Fit2Run, a family-owned Bradenton-based business selling footwear and apparel for runners, has inked a lease to occupy ground floor space at the Camden Central apartment complex, located at 855 Central Avenue in St. Pete's Central Arts District.

The relocation from the 256 2nd Street North storefront, which the retailer has operated since 2012, comes as Delray Beach-based Kolter Group plans to build a 14-story, 192-room Tempo by Hilton hotel at the site.

Fit2Run has over 20 stores throughout Florida, specializing in matching runners to the right shoes for their training needs.

January 02, 2024

Vermont clothing boutique Harbour Thread to expand to St. Pete

January 02, 2024/ Brian Hartz

A men’s and women’s clothing and accessories shop that’s based in Burlington, Vermont, is coming to St. Petersburg in 2024.

Harbour Thread has leased a 2,447-square-foot space at 40 and 60 22nd Street South in a newly constructed retail strip in the Grand Central District. Erica Delgado of Vector Commercial Real Estate Services represented Harbour Thread in the lease transaction.

Construction began earlier this year on the new retail building located at the corner of Central Avenue and 22nd Street. Miami-based real estate investor Nick Molina purchased the former surface parking lot in December 2021.

Founded by Llyndara Harbour nearly two decades ago, Harbour Thread offers a huge range of clothing for men and women, footwear, jewelry, swimwear, blankets, towels, and even candles, greeting cards, and drinkware.