Tampa coffee and beer maker King State to open downtown St. Pete location
/A beloved Tampa-based coffee roaster and beer brewer is expanding — and it’s coming to downtown St. Petersburg, specifically the COhatch co-working space, located inside the historic Harlan Hotel building at 15 8th Street North.
King State, which opened its only other location on Floribraska Avenue in Tampa in 2019, will be located on COhatch’s ground floor. Nate Young, who owns the business with his brother-in-law Tim McTague, says King State initially focused on coffee and added beer along the way, but it’s also known for its food, offering a robust selection of sandwiches, salads, pizza, and even breakfast items.
“Obviously, coffee is still our main thing, and now that we have distribution of beer, you can get our beer all over, which is great,” he says. “But coffee and food are the driving forces. What’s been cool about King State is that we haven’t latched onto one specific thing. We’ve focused on a number of different offerings and I think that’s worked in our favor.”
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Several prominent properties in the EDGE District have sold for $12 million.
According to a deed recorded October 6th, developer PTM Partners sold the three-story building at 1246 Central Avenue and the street-level retail spaces at the adjacent Moxy hotel to L3 Capital, a Chicago-based private equity real estate investment firm that focuses on urban retail.
The 27,261-square-foot building at 1246 Central Avenue is home to Bosphorous Turkish Cuisine and Amorino Gelato on the ground floor. Digital marketing company WebFX has signed a lease for the third floor but has not yet moved in, while the approximately 8,700-square-foot second floor remains available for office tenants.
The sale also includes the Moxy hotel’s 3,407 square feet of ground-floor retail space, occupied by Floyd’s Barbershop and Solidcore. It does not include the 163-room Moxy hotel itself, which remains part of PTM Partners’ EDGE Collective development.
James Garner and Jim Shiebler of CBRE represented PTM Partners and L3 Capital in the transaction.