From CBSNews:
On the country's other coast, the tech boom has made one brewpub's growth plans more complicated. The 21st Amendment brewery, in San Francisco, is two blocks from the Giants' baseball stadium, which opened in 2000 and, along with the bustling technology sector, transformed the city's SoMa neighborhood from abandoned warehouses to hot spot. Now the company wants to build an 80,000-square-foot brewery -- but that's not possible in SoMa.
"The manufacturing element of the business has been priced out," says 21st Amendment's founder, Nico Freccia. The company has opened offices in the East Bay, and he's scouting space there for the brewery, hoping to "help anchor the revitalization" of an Oakland neighborhood.
Rising prices might force Brooklyn Brewery to exit the trendy scene it jump-started. It has two buildings in Williamsburg, the brewery and a building across the street where it stores and ages its beer. Leases are up in 2025, and Brooklyn Brewery's co-founder and president, Steve Hindy, is already worried that the company will get kicked out of its warehouse. Once an iron foundry, the building, built in 1896, has been bought by developers who Hindy says won't renew the lease. He suspects that they want to convert the space into apartments.
.
0 comments (click to read or post):
Post a Comment
Please leave a comment...I do moderate each comment so it may not appear immediately...and please be nice! You can also comment using Disqus (below) or even comment directly on Facebook (bottom).