Sitework Starts on Second Phase of EDGE Collective II in St. Petersburg

• Sitework has started on the second phase of EDGE Collective II at 11th Street South and 1st Avenue South in St. Petersburg, Florida.
• The project is planned as a 20-story residential tower with about 330 apartments and 17,000 to 18,000 square feet of retail space.
• PTM Partners is the developer, STORYN Studio for Architecture is the architect, and Balfour Beatty is the general contractor.
• Construction is expected to continue for about two years, with completion targeted for late 2028.

What The Second Phase Will Bring To St. Petersburg

The second phase of EDGE Collective II is moving into construction in St. Petersburg's EDGE District, expanding a development that already includes a Moxy hotel and a renovated three-story building completed in 2024. The new phase will add approximately 330 apartments across 20 stories, creating a significant new residential component along the Central Avenue corridor. The development will also include between 17,000 and 18,000 square feet of retail space, with a mix of national and local businesses expected to occupy the ground floor. The project is being developed by PTM Partners, which announced the second phase in 2023. The company describes the site as an important connection between Central Avenue and the broader redevelopment planned around the former Tampa Bay Rays site.

What The Building Is Designed To Include

Conceptual designs from STORYN Studio for Architecture show a ground floor organized around corridors and colonnades. The design is intended to create the feel of an upscale outdoor marketplace rather than a conventional enclosed retail frontage. Above the retail level, the 20-story tower will house the residential units. The development is designed to bring new housing and commercial activity to a section of downtown St. Petersburg that has seen substantial investment in recent years.

What Residents Will Have Access To

The residential portion will include a range of amenities intended to give residents spaces for recreation, wellness and work. A major feature will be a seventh-floor amenity deck with a resort-style swimming pool, fitness center and spa. Additional amenities are planned to include a media room and coworking space. The combination of apartments, work areas and outdoor amenities reflects the growing preference for multifamily projects that offer residents more than just individual living spaces.

What The Construction Timeline Looks Like

Balfour Beatty is serving as the general contractor, with construction expected to take roughly two years. The current schedule calls for EDGE Collective II to be completed by late 2028. The project follows the completion of the first phase in 2024, meaning the two phases will ultimately create a larger mixed-use destination within the EDGE District.

What The Project Means For The EDGE District

EDGE Collective II is positioned along a key stretch of St. Petersburg's Central Avenue corridor, where new residential, hospitality and commercial projects are continuing to change the character of the downtown area. The addition of roughly 330 apartments could bring a substantial number of new residents to the district, while the ground-floor retail is expected to add another layer of activity for both residents and visitors. The project's location also puts it near the large-scale redevelopment planned around the former Tampa Bay Rays site, making the connection between Central Avenue and that future development particularly important as St. Petersburg continues to expand its downtown footprint.