Lease for Brewery in Downtown Kannapolis On Agenda for City Council Consideration
Nov 11, 2016 01:43PM
● Published by Melanie Heisinger
**UPDATE: City Approves Three New Businesses**
Exciting news - The City of Kannapolis welcomes three new businesses. Tonight City Council has approved incentives for ISE and Linder Industrial Machinery and a lease for the Third Dimension Brewery.
Monday night, the Kannapolis City Council will hear a proposal, which may result in a brewery production business, located in downtown Kannapolis as part of the Kannapolis Revitalization Plan.
Third Dimension Brewery would like to lease and eventually purchase the property, located at 100 West Avenue. This property is located adjacent to the proposed future home of the Kannapolis Intimidators and was purchased by the City last year. Bill Collins of Third Dimension Brewery owns Firefly Hollow Brewing in Bristol, Connecticut. He would like to expand his brewery operations to Kannapolis after hearing about the City’s Downtown Revitalization plans and the market potential which exists in this region. This would be the first brewery in Kannapolis.
Collins expects Third Dimension Brewery to be a beer production facility and tap room which would produce over 200 barrels a month. Pre-packaged food and catering would also be available for purchase at the brewery. The lease would be for five years with the option to purchase the property. Collins would pay the City lease monies of $81,036 annually. He would also spend $442,000 to up fit the property for use as a brewery and taproom. Based on his experience Collins projects 2,000 people would visit the location on an average weekend once the business is established.
Content courtesy of the Kannapolis City Council Press November 10th, 2016 Press Release.