Another brewery may be in the works

[Captain Zissou]

Ben,

At one point weren't you considering the building on the east side of Hendricks just south of the railroad tracks??  What caused you to not choose there?? 

I'd love for the new brewery to be within walking distance of the other two, but I think most of the usable warehouse space in that area is taken.

[Tacachale]

^Captain, are you talking about the old South Jacksonville Utilities building? Michael's looked at that too, but evidently it has some significant infrastructure issues. It also doesn't help that it's right by the water treatment plant that releases a, shall we say, fragrant aroma when it vents periodically. It's a really cool looking building though.

The new place probably won't be in the vicinity of the other two, though his goal is to be somewhere in the core neighborhoods. The buildings I've been looking at are mostly in San Marco and Brooklyn.

[Intuition Ale Works]

Ben,

At one point weren't you considering the building on the east side of Hendricks just south of the railroad tracks??  What caused you to not choose there?? 

I'd love for the new brewery to be within walking distance of the other two, but I think most of the usable warehouse space in that area is taken.

Captain,

I never went inside that building. After I heard what they wanted for rent I moved on. That whole Hendricks area was the most inflated lease rates I encountered.

I know the Grassroots guys looked at it for the original incarnation of Aardwolf and decided to not sign a lease.

Ben

[MusicMan]

I'm surprised no one nabbed up one of the huge warehouses on Market St in Springfield. There are a couple over there that look like excellent opportunities. One of my favorites features vintage heart pine post and beam contruction, , 56,000 sq ft , 7 roll up loading doors, awesome original brick interior walls, is listed at $6 per sq ft.

[acme54321]

I'm surprised no one nabbed up one of the huge warehouses on Market St in Springfield. There are a couple over there that look like excellent opportunities. One of my favorites features vintage heart pine post and beam contruction, , 56,000 sq ft , 7 roll up loading doors, awesome original brick interior walls, is listed at $6 per sq ft.

Is that $6/sq ft/month?  Or per year?  Is that how much warehousing costs? 

[MusicMan]

That $6 per square ft is the asking price. 

$325,000 for 56,000 sq ft.  For sale.

Bank owned.

[MusicMan]

Don't know if those folks are still looking for a spot to put their Brewery but down on Bay Street  (near Marks/Dive Bar) there are some incredible vacant spaces, I think they meet all the physical requirements and are in an area that has some good stuff already going on.

[Captain Zissou]

56,000 is absolutely enormous.  I believe Intuition's Space is 12,000 square feet and Bold City's is smaller than that.  Great divide brewery puts out 22,000 barrels a year (44,000 kegs, which means they aren't even considered a craft brewery anymore.  There are only  about 100 non craft breweries in the country)  with only 19,000 square feet of space.  With 56,000 you could crank out 70,000 barrels a year and make you about the 15th largest craft brewer in the country.

That is a really cheap price, but I'm not sure a start up could handle that.

[billy]

The Market Street building is really cool, and that is a phenomenal price.
However, most of the ground floor is elevated framed wood decking.
For production tanks, I would think you would want concrete slab.

I understand 2111 Liberty is under contract. Any idea who is looking at it?

[MusicMan]

56,000 is enormous. Also that is a vintage space and would need work before it could be ready. HOWEVER you could sublease some of that space and get a revenue stream to offset the expenses. 

The sapces I've peeked into downtown are 5000-8000 sq ft. I still love the idea of a taproom next door to OLIO under the Churchwell Lofts.

[Tacachale]

MusicMan, I'll pm you about some of those spaces, they sound interesting.

I've checked some places out in downtown and LaVilla, but he's not sure they'd work for this. The space needs to be about 4000-5000 square feet (or be able to be subdivided to that size), with open warehouse space and high ceilings.

[dougskiles]

Have you looked at 1225 Hendricks, behind Radiance of San Marco?  I'm not sure how much space would be available.  Too bad that the old south Jax bldg is too expensive.  That would be a perfect spot.

[Tacachale]

It looks like he may have found a good spot. I will certainly post it here when everything is finalized.

[thelakelander]

Cool.  Hopefully everything works out as planned.