Starbucks Coffee Co. is joining Tamaya at northeast Atlantic and Kernan boulevards.
As of June 4, the city has issued eight permits at a total project cost of $2.48 million for the 2,700-square-foot shop at 12645 Beach Blvd.
Venture Construction Co. of Tampa is the contractor for the shell building, canopy, dumpster enclosure and, permitted June 4, the $475,000 build-out of the interior.
Previous permits also included plumbing, electrical and mechanical systems.
Seattle-based Starbucks is building the shop on an acre.
The property owner is shown as Criterion Ladera LLC, led by Ladera Jax LLC of Dallas.
On March 27, 2024, Dallas-based investment partnership Criterion Ladera bought a 1.8-acre site for $1.5 million.
The Criterion Fund real estate investment company, based in Oklahoma, says on its website that it and Ladera Properties, based in Dallas-Fort Worth, bought the land to develop a 2,827-square-foot Starbucks.
TheCriterionFund.com site said the partnership plans to sell a 0.79-acre parcel of the site and has it under contract for sale. That site has been identified for McDonald’s.
The city issued a mobility fee calculation certificate Feb. 24, 2025, for a 3,200-square-foot fast-food restaurant with a drive-thru on a 0.79-acre site.
Criterion Fund said the property will have cross-access to the adjacent Tamaya Market shopping center and will be next to a 24/7 hospital in development by Nutex Health Inc.
Tamaya Market is anchored by Sprouts Farmers Market and includes the Shipley Do-Nuts shop.
The Criterion Fund says it is a real estate investment company focused on investing in cash-flowing shopping centers and best-in-class single-tenant and strip center developments nationwide.
The Criterion Ladera partnership bought the land from BBKR Development Partners, which paid $4.85 million in August 2022 for the 8.42-acre vacant corner from Tamaya Loan Acquisition Inc.