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Wednesday, November 29, 2023 10:35:49 AM
Also, there likely had to be development work completed on the infrastructure around the 12 acre parcel of land as there's a huge new subdivision and roads being built just to the east of that parcel. You can see the view from about 5 months ago where there are new utility connections now on the east side of Sutton Way where the Phase II brewery is to be built.
https://www.google.com/maps/[@ userid=121].0340015,3a,90y,93.45h,70.91t/data=!3m6!1e1!3m4!1sWZwsBMvKQu9t_IhQz3_cLg!2e0!7i16384!8i8192?entry=ttu
One of the early players in the microbrewery space, Oskar Blues, got their start by building a sweet taproom in Lyons, Co. That brought a lot of visibility and profits, allowing them to expand to more taproom locations around the country. The brewing side of the business, BRBL, is mere weeks away from opening their first taproom in Nevada City. That will get them started as well. And if you notice on the site plan, they have plans for both a taproom and a restaurant at the Phase II brewery location, right across from that huge new neighborhood being built, plus there's a bike path that will run along the entire east side of their property!
https://www.instagram.com/brewhaus_nc/
The more the brewery side of the business grows, the more the manufacturing side of the business grows as well. Both companies are in a far better financial condition than they were two years ago. They're still turning the corner in their turnaround but I believe forthcoming profits from both companies will allow them to finally get conventional, not toxic, debt financing so they can bulid the Phase II brewery, growing into a beast of a regional beer company someday.
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