diff --git a/polaris-react/src/components/Bleed/Bleed.scss b/polaris-react/src/components/Bleed/Bleed.scss
new file mode 100644
index 00000000000..d46b8317b6b
--- /dev/null
+++ b/polaris-react/src/components/Bleed/Bleed.scss
@@ -0,0 +1,10 @@
+@import '../../styles/common';
+
+.Bleed {
+  /* stylelint-disable declaration-block-no-redundant-longhand-properties */
+  margin-bottom: calc(-1 * var(--pc-bleed-margin-bottom));
+  margin-left: calc(-1 * var(--pc-bleed-margin-left));
+  margin-right: calc(-1 * var(--pc-bleed-margin-right));
+  margin-top: calc(-1 * var(--pc-bleed-margin-top));
+  /* stylelint-enable declaration-block-no-redundant-longhand-properties */
+}
diff --git a/polaris-react/src/components/Bleed/Bleed.stories.tsx b/polaris-react/src/components/Bleed/Bleed.stories.tsx
new file mode 100644
index 00000000000..a01edd02630
--- /dev/null
+++ b/polaris-react/src/components/Bleed/Bleed.stories.tsx
@@ -0,0 +1,64 @@
+import React from 'react';
+import type {ComponentMeta} from '@storybook/react';
+import {Bleed, Box} from '@shopify/polaris';
+
+export default {
+  component: Bleed,
+} as ComponentMeta<typeof Bleed>;
+
+const styles = {
+  background: 'var(--p-surface-neutral-subdued-dark)',
+  borderRadius: 'var(--p-border-radius-05)',
+  padding: 'var(--p-space-4)',
+  height: 'var(--p-space-12)',
+};
+
+export function Default() {
+  return (
+    <Box background="surface" padding="4">
+      <Bleed>
+        <div style={styles} />
+      </Bleed>
+    </Box>
+  );
+}
+
+export function WithVerticalDirection() {
+  return (
+    <Box background="surface" padding="4">
+      <Bleed vertical="6">
+        <div style={styles} />
+      </Bleed>
+    </Box>
+  );
+}
+
+export function WithHorizontalDirection() {
+  return (
+    <Box background="surface" padding="4">
+      <Bleed horizontal="6">
+        <div style={styles} />
+      </Bleed>
+    </Box>
+  );
+}
+
+export function WithSpecificDirection() {
+  return (
+    <Box background="surface" padding="4">
+      <Bleed top="6">
+        <div style={styles} />
+      </Bleed>
+    </Box>
+  );
+}
+
+export function WithAllDirection() {
+  return (
+    <Box background="surface" padding="4">
+      <Bleed spacing="6">
+        <div style={styles} />
+      </Bleed>
+    </Box>
+  );
+}
diff --git a/polaris-react/src/components/Bleed/Bleed.tsx b/polaris-react/src/components/Bleed/Bleed.tsx
new file mode 100644
index 00000000000..4745cca36d4
--- /dev/null
+++ b/polaris-react/src/components/Bleed/Bleed.tsx
@@ -0,0 +1,95 @@
+import React from 'react';
+import type {spacing} from '@shopify/polaris-tokens';
+
+import {sanitizeCustomProperties} from '../../utilities/css';
+
+import styles from './Bleed.scss';
+
+type SpacingTokenName = keyof typeof spacing;
+
+// TODO: Bring this logic into tokens
+type SpacingTokenScale = SpacingTokenName extends `space-${infer Scale}`
+  ? Scale
+  : never;
+
+interface Spacing {
+  bottom: SpacingTokenScale;
+  left: SpacingTokenScale;
+  right: SpacingTokenScale;
+  top: SpacingTokenScale;
+}
+
+export interface BleedProps {
+  /** Elements to display inside tile */
+  children: React.ReactNode;
+  spacing?: SpacingTokenScale;
+  horizontal?: SpacingTokenScale;
+  vertical?: SpacingTokenScale;
+  top?: SpacingTokenScale;
+  bottom?: SpacingTokenScale;
+  left?: SpacingTokenScale;
+  right?: SpacingTokenScale;
+}
+
+export const Bleed = ({
+  spacing,
+  horizontal,
+  vertical,
+  top,
+  bottom,
+  left,
+  right,
+  children,
+}: BleedProps) => {
+  const getNegativeMargins = (direction: string) => {
+    const xAxis = ['left', 'right'];
+    const yAxis = ['top', 'bottom'];
+
+    const directionValues: {[key: string]: string | undefined} = {
+      top,
+      bottom,
+      left,
+      right,
+      horizontal,
+      vertical,
+    };
+
+    if (directionValues[direction]) {
+      return directionValues[direction];
+    } else if (!yAxis.includes(direction) && horizontal) {
+      return directionValues.horizontal;
+    } else if (!xAxis.includes(direction) && vertical) {
+      return directionValues.vertical;
+    } else {
+      return spacing;
+    }
+  };
+
+  const negativeMargins = {
+    top: getNegativeMargins('top'),
+    left: getNegativeMargins('left'),
+    right: getNegativeMargins('right'),
+    bottom: getNegativeMargins('bottom'),
+  } as Spacing;
+
+  const style = {
+    ...(negativeMargins.bottom
+      ? {'--pc-bleed-margin-bottom': `var(--p-space-${negativeMargins.bottom})`}
+      : undefined),
+    ...(negativeMargins.left
+      ? {'--pc-bleed-margin-left': `var(--p-space-${negativeMargins.left})`}
+      : undefined),
+    ...(negativeMargins.right
+      ? {'--pc-bleed-margin-right': `var(--p-space-${negativeMargins.right})`}
+      : undefined),
+    ...(negativeMargins.top
+      ? {'--pc-bleed-margin-top': `var(--p-space-${negativeMargins.top})`}
+      : undefined),
+  } as React.CSSProperties;
+
+  return (
+    <div className={styles.Bleed} style={sanitizeCustomProperties(style)}>
+      {children}
+    </div>
+  );
+};
diff --git a/polaris-react/src/components/Bleed/index.ts b/polaris-react/src/components/Bleed/index.ts
new file mode 100644
index 00000000000..58ccfa0647a
--- /dev/null
+++ b/polaris-react/src/components/Bleed/index.ts
@@ -0,0 +1 @@
+export * from './Bleed';
diff --git a/polaris-react/src/components/Bleed/tests/Bleed.test.tsx b/polaris-react/src/components/Bleed/tests/Bleed.test.tsx
new file mode 100644
index 00000000000..da2c480b410
--- /dev/null
+++ b/polaris-react/src/components/Bleed/tests/Bleed.test.tsx
@@ -0,0 +1,59 @@
+import React from 'react';
+import {mountWithApp} from 'tests/utilities';
+
+import {Bleed} from '../Bleed';
+
+const Children = () => <p>This is a tile</p>;
+
+describe('<Bleed />', () => {
+  it('renders children', () => {
+    const bleed = mountWithApp(
+      <Bleed>
+        <Children />
+      </Bleed>,
+    );
+
+    expect(bleed).toContainReactComponent(Children);
+  });
+
+  it('does not render custom properties by default', () => {
+    const bleed = mountWithApp(
+      <Bleed>
+        <Children />
+      </Bleed>,
+    );
+
+    expect(bleed).toContainReactComponent('div', {style: undefined});
+  });
+
+  it('only renders the custom property that matches the property passed in', () => {
+    const bleed = mountWithApp(
+      <Bleed left="2">
+        <Children />
+      </Bleed>,
+    );
+
+    expect(bleed).toContainReactComponent('div', {
+      style: {
+        '--pc-bleed-margin-left': 'var(--p-space-2)',
+      } as React.CSSProperties,
+    });
+  });
+
+  it('renders custom properties combined with any overrides if they are passed in', () => {
+    const bleed = mountWithApp(
+      <Bleed spacing="1" left="2" horizontal="3">
+        <Children />
+      </Bleed>,
+    );
+
+    expect(bleed).toContainReactComponent('div', {
+      style: {
+        '--pc-bleed-margin-bottom': 'var(--p-space-1)',
+        '--pc-bleed-margin-left': 'var(--p-space-2)',
+        '--pc-bleed-margin-right': 'var(--p-space-3)',
+        '--pc-bleed-margin-top': 'var(--p-space-1)',
+      } as React.CSSProperties,
+    });
+  });
+});
diff --git a/polaris-react/src/index.ts b/polaris-react/src/index.ts
index 9e4ca0483ec..2004514e998 100644
--- a/polaris-react/src/index.ts
+++ b/polaris-react/src/index.ts
@@ -72,6 +72,9 @@ export type {
   BannerHandles,
 } from './components/Banner';
 
+export {Bleed} from './components/Bleed';
+export type {BleedProps} from './components/Bleed';
+
 export {Box} from './components/Box';
 export type {BoxProps} from './components/Box';