The Edward Building, located in St. Petersburg, FL, is undergoing a remarkable transformation under the ownership of Nick Ekonomou, a former professional football player turned real estate businessman. With a commitment to preserving the building's historical integrity, Ekonomou plans to convert it into a luxury boutique hotel, condominium, fitness, and social complex. The 50,000-square-foot building, constructed in the 1920s, will be renovated with an investment of $6 million to $9 million, offering a unique blend of modern amenities and classic charm.
Designed in a Mediterranean Revival style, the Edward Building features arched windows and doorways, wreathed columns, and balconettes adorned with ornamental iron railings. Notably, the building's basement pool, lined with decorative tiles, will be transformed into a central part of a spa, while the spacious gymnasium will serve as a venue for concerts and private events. Ekonomou also plans to include a small brewery and a high-end restaurant, with the top floor housing his own residence and additional apartments available for short-term rentals. The Edward Building promises to be a captivating destination that seamlessly blends history with contemporary luxury.
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