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“We are excited to partner with Forbright Bank and break ground on a true mixed-use development that will complement the EDGE District’s abundant energy and become a destination experience,” says Scott Meyer, Chief Financial Officer of PTM Partners.
The Edge Collective will be built on a 1.6-acre site at 1234-1246 Central Avenue that PTM purchased in October 2019 for $13 million.
Anchoring the Edge Collective development will be a 163-key Moxy Hotel by Marriott, which will be the first lifestyle hotel in the EDGE District. St. Pete-based Storyn Studio is the lead architect for the hotel.
Complimenting the hotel will be an outdoor garden and retail paseo as well as a refurbished four-story 17,000 square foot building located adjacent to the planned Moxy Hotel.