St. Petersburg closes land deal for EDGE District redevelopment

St. Petersburg has transferred parcels tied to The Central, St. Pete Catalyst reports. The project occupies the former police headquarters site on Central Avenue. A parking garage is complete; plans have included a hotel, offices and workforce apartments. The land closing is a milestone for the project, with construction obligations still outstanding.

Published November 5, 2026 · Sion editorial

The City of St. Petersburg has closed a land transaction for The Central, the redevelopment of the former police headquarters site at 1301 Central Avenue, according to deeds and a post-closing agreement reviewed by St. Pete Catalyst. One deed covers the planned hotel parcel; another covers property that includes the completed parking garage. The agreement lists a $6.4 million base purchase price before negotiated credits and sets out the developer’s remaining obligations.

The roughly 2.1-acre site is in the EDGE District of St. Petersburg, in Pinellas County. Plans have included a 168-room hotel, offices, restaurants, retail and 42 workforce apartments. The parking garage was completed before the land closing. The transfer advances the redevelopment, but it does not mean the hotel, offices or apartments are complete or open.