As it battles Patrick Dempsey – of all people — for the dried husk of the Tully’s coffee chain, Starbucks is preparing to make its first full-bore entry into the Pike/Pine neighborhood by taking over a space the troubled chain recently left behind. (UPDATE: Done deal — Dempsey group wins bid for Tully’s)
CHS has learned that the new tenant sizing up and preparing a new buildout inside the former Tully’s at Broadway and E Pike is none other than the global coffee giant.
Starbucks has yet to respond to CHS’s inquiries about the project.
If confirmed, the new store will be the first new location for the Starbucks chain since its flirtation with unique, one-of-a-kind “indie styled” cafes like 15th Ave Coffee and Roy Street Coffee. Roy Street lives on and the E Olive Way cafe benefitted from the new Starbucks style but the experiment ended with 15th Ave’s rolling back to the standard Starbucks brand with the start of 2011.
Dempsey may win the chain but SBUX is already victorious at Pike at Broadway (Image: @PatrickDempsey)
Details of the new cafe are thin at this time. The building’s new owner Craig Swanson of Redside Partners purchased the old Broadway State Bank building for $1.45 million with plans to overhaul the space and bring in a new tenant.
The new Starbucks will neighbor the highly anticipated Capitol Cidercurrently under construction in the former art gallery next door and slated for a February debut on E Pike. Meanwhile, the overhauled cafe will neighbor Neighbours to the north along Broadway. The corner will also have a conveniently located streetcar stop when the line becomes operational in 2014.
Already apparently secure in its acquisition of the former Tully’s space, Starbucks is also among the bidders battling with investors including actor Patrick Dempsey for control of the financially troubled Tully’s coffee chain.