PTM Partners, is developing The Edge Collective. The mixed-use development will be anchored by a 163-key Moxy Hotel by Marriott on a 1.6-acre parcel on 1234-1246 Central Ave in St Pete Florida. The site is currently a parking lot and there’s a vacant, freestanding four-story, 28,708-square-foot retail building that formerly operated as a furniture store and showroom. PTM acquired the site in 2019 for $13 million. DoveHill Capital Management is partners on the development. Wurzak Hotel Group will manage the hotel. Storyn Studio Architecture and Kobi Karp designed the project. Michael Tillman is CEO of PTM.
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