ST. PETERSBURG — A Michigan company is planning what would be the first hotel in the trendy Edge District west of downtown St. Petersburg.
The area between 16th Street N and Dr. Martin Luther King Jr. Street "is becoming the district to be in whether it's for shopping, art galleries or restaurants,'' Mark DeMaria of DevMar Development said Monday. "Also, with the future redevelopment of Tropicana Field, that's going to be the epicenter for the downtown (St. Petersburg) of the future.''
DevMar has been in initial talks with city planners and hopes to start construction of the 11-story, 130- to 140-room boutique hotel next summer. The company is buying the vacant site at 11th Street N and Baum Avenue from developer Jonathan Daou. He previously sold DevMar a tract at First Avenue N and 16th Street where it is building the 211-unit Vantage Loft apartments, also 11 stories. That is the maximum height for buildings in the district.
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