Panamanian coffee producer, roaster opening first US shop in St. Pete

Savage Coffees, a Panamanian coffee producer and roaster, is buying a retail space in The Nolen, a luxury condominium tower in St. Petersburg.

The ground floor space is 2,091 square feet, and Savage is expected to open next year.

Terms of the deal were not included in a statement announcing the sale, which says the building’s owner “has finalized an agreement.”

A spokesperson for DDA Development, the developer, says in an email that “no financing info has been disclosed.”

Savage was founded in 2016 by Jamison and Leslie Savage and grows its coffees mostly at Finca Deborah near Volcan, a town in northern Panama. The company also uses three other nearby farms according to its website.

The statement announcing the sale says that the St. Petersburg shop will be the company’s first in the United States.

The Nolen is a 23-story tower under construction in downtown St. Petersburg on Fourth Ave NE just off of Beach Drive.

It has only 31 units. According to the statement the building, which is expected to be completed next year, is fully sold out.

A sales tool on Nolen’s website, however, shows that an available three-bedroom, three-bathroom, 2,156-square-foot unit (1302) is selling for $2.77 million. 

Among the building’s amenities are entry foyers, a building generator and water softening system, electric car charging and units equipped with Thermador and Gaggenau appliances and porcelain tile flooring throughout.