PETERSBURG, FL – Development firm, PTM Partners and hospitality real estate developer, owner and operator, Dovehill Capital Management have entered into a joint-venture partnership to develop a mixed-use, qualified Opportunity Zone project in downtown St. Petersburg, FL.
Located at 1234-1246 Central Ave., the development, named the Edge Collective, will feature a ground-up 163-room Moxy Hotel by Marriott, an outdoor garden and retail paseo, and a refurbished four-story building, which will offer 17,000 square feet of ground-level retail and restaurant space, and commercial space above.
The project is slated to break ground in Q2 2022.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
