Local Press

St. Pete’s Renovated Hotel Indigo to Reopen As The Exchange Hotel

St. Pete will be home to a new boutique hotel, effective this winter. The Exchange Hotel, opening in the former Hotel Indigo space of St. Pete’s downtown district, will offer 76 guest rooms and suites, an elegant restaurant/bar and event and meeting space.

Interior and exterior renovations are underway for a fresh, modern look to an already charming structure.

The ground floor of The Exchange Hotel will feature a new concept by Next Level Brands, a Jeff Gigante hospitality group. More details from the name behind Forbici Italian and Westshore City Center’s forthcoming Union New American will be announced soon.

The Exchange Hotel was recently acquired by Tampa-based real estate investment firm Ally Capital Group. Franklin Street will provide project management services for renovations and ongoing onsite property management.

A soft opening for The Exchange Hotel, at 234 Third Avenue North, is anticipated for the end of 2021.

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