Starbucks, the Seattle-based coffee giant, will nearly double the numbers of its shops over the next five years and in the process roll out a new higher-end format called Starbucks Reserve.
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| Starbucks Reserve Roastery in Seattle |
The first Starbucks Reserve Roastery and Tasting Room
debuted late 2014 in Seattle. This new concept seeks to immerse customers in
the craft of roasting and brewing small lot specialty coffees from around the
world. A success since its opening, the shop can be seen as a ‘coffee theater’,
encouraging customers to interact with Starbucks roasters and baristas in order
to deepen their understanding of the art and process behind roasting and
brewing rare coffees.
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| Starbucks Reserve on 250 Vesey Street, New York City |
Reserve stores' atmosphere are as curated as its premium
coffees, with an attention to high end finishes and a contemporary-chic industrial look.
The concept is being rolled out as new single stores but also by adding a
Reserve bar experience to existing stores. It is also being adapted to a variety
of retail footprints. For example, four Starbucks Reserve stores have recently open
in smaller formats throughout New York City while a larger 20,000SF Reserve Roastery is set to open in the heart of the
Meatpacking District next year.
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| Starbucks Reserve on 771 Broadway, New York City |
The Meatpacking Reserve Roastery will be housed in a
new building designed by Rafael Vinoly and steps from Chelsea Market. The new store will
build upon everything Starbucks has learned from its Seattle location in terms
of integrating coffee roasting, manufacturing, education and retail to create a
unique experience.
Tailored for customers in each market, Starbucks plans to
open up to 1,000 Starbucks stores with a Reserve coffee bar experience by the end
of 2017. Twelve exist today located in New York, Chicago, Atlanta, Baltimore
and Boston.
Price Point: high
Target Market: foodies, millennials, and patrons looking for high-quality coffee and crafted beverages
Site Requirements: Flexible; stores vary from 2,000 to 20,000 SF
Real Estate Contact Info:
David Firestein, Shopping Center Group
914-328-2222
Taryn Brandes, Shopping Center Group
914-582-7176
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