Chicago crypto company plans to move into Water Street Tampa

CoinFlip, a financial services and cryptocurrency company based in Chicago, has announced plans to open a new office in Water Street Tampa.

The nearly 8,000-square-foot space will be part of Sparkman Wharf and is slated to open in Summer 2022, according to a statement.

The company has plans to open a Crypto Experience Center, which will be a first of its kind destination in the United States, which will aid in community education about cryptocurrency and provide guidance around purchasing digital currencies, via the company’s on-site Bitcoin ATMs, a cornerstone of CoinFlip’s business, the statement said.

With this new location, CoinFlip says it plans to create at least 40 new jobs during its first year in Florida.

“We’re honored CoinFlip chose Tampa for this project and its first ever corporate expansion. Our reputation as a top tech city is growing and I’m confident our strong talent pool will be a great resource for the company as it looks to expand in the area,” said Jane Castor, Mayor of Tampa, in the statement.

Sparkman Wharf, Water Street’s mixed-use waterfront destination, features 180,000 square feet of spacious, loft-style office space and 65,000 square feet of ground-level retail, as well as a park and restaurant concepts housed in refurbished shipping containers and a one-acre recreation lawn.

“As we continue to grow Tampa into a thriving technology hub, we look for partners who push the boundaries in their industries,” said Lee Schaffler, chief portfolio officer for Strategic Property Partners, the developer of Water Street Tampa. “CoinFlip embraces our vision for innovation at Water Street Tampa and we’re thrilled they chose Sparkman Wharf. We look forward to adding Bitcoin ATMs and crypto education opportunities to the district.”

You May Also Like
$187M luxury tower planned for Rocky Point waterfront

A $187 million luxury tower with 252 apartments and a rooftop restaurant is set to rise on Rocky Point, reshaping Tampa Bay’s waterfront skyline.

Read More
Renderings of The Residences at Rocky Point, a planned $187 million luxury high-rise in Tampa with 252 apartments and a rooftop restaurant overlooking the bay.
Shumaker adds two new associates in Tampa office

Shumaker is expanding its Tampa office with the addition of two associates, a move that highlights both the depth of its national bench and the strength of Tampa Bay’s demand

Read More
Headshots of Marisa A. Infante and Chase M. Robinson, newly added associates at Shumaker’s Tampa office.
Out-of-state capital backs $3.7M senior housing buy north of Tampa

A $3.7 million senior housing acquisition north of Tampa underscores Florida’s urgent demand and growing investor interest in assisted living.

Read More
Front exterior view of Crown Court senior housing facility in Inverness, Florida, a historic 120-year-old building set for renovations after its $3.7 million sale.
USF names sole finalist for presidency 

USF names Moez Limayem sole finalist for its presidency, a decision that could shape Tampa Bay’s economic and educational future.

Read More
Split image showing the University of South Florida campus sign with the green bull logo on the left, and Moez Limayem, smiling in a suit and tie, on the right.
Other Posts
Tampa-based Anchor Glass cuts debt 60% while securing $100M for growth

Anchor Glass reduces debt 60% and raises $100M in new capital, reinforcing growth under CEO Nipesh Shah.

Read More
Anchor Glass Container logo alongside a group of empty glass bottles.
$120 million Marina Bay condo planned on Pinellas Bayway

Developer Reza Yazdani unveils plans for a $120 million luxury condo tower, the final piece of the Marina Bay community in St. Petersburg.

Read More
Rendering of Marina Bay Residence, a planned 12-story, $120 million condominium tower on the Pinellas Bayway in St. Petersburg, with rooftop amenities, pools and waterfront views.
Industry veteran buys Riverview Village Inn

After decades running Village Inn restaurants across Florida, Dean LaFollette now owns the Riverview location he first advocated for nearly 20 years ago.

Read More
Riverview Village Inn restaurant exterior alongside owner-operator Dean LaFollette.
THEA approves $362M South Selmon expansion 

THEA has approved a $362 million South Selmon Capacity Project to add lanes, modernize bridges and deliver community upgrades from Riverview to downtown Tampa.

Read More
Aerial view of downtown Tampa with the Selmon Expressway and surrounding highway interchanges on a clear day.