The best of both worlds have just collided in Louisville — Old 502 Winery and Falls City Beer just announced they’re joining forces to foster synergy and growth. I love both companies, and I think a partnership can only make both stronger.
Move over bourbon, try something meadier! OK, I’ll stop the corny references.
Here’s the rest of the press release:
John Neace, owner of Old 502 Winery, has become an equity partner in Falls City Brewing Company. David Easterling, who reintroduced the Falls City brand 4 years ago, will remain chief executive officer of Falls City.
Falls City and Old 502 will be investing $1 million in a renovation project to create a craft beer and wine destination on 10th Street between Main and Market, at the current location of Old 502 Winery. The more than 35,000 square-foot complex spanning multiple buildings will feature both wine and beer production facilities, tasting rooms and indoor and outdoor event spaces, and serve as an anchor in the ongoing efforts to revitalize downtown areas west of 9th Street.
The renovation project will double the winemaking capacity for Old 502 and relocate Falls City’s production facility and tasting room currently located on Barret Ave.
“We’re creating Louisville’s craft beer and wine block,” said John Neace. “We believe this facility can be a hub for both beer and wine lovers, and also serve as a catalyst for not just our two brands, but for this part of town as well.”
The co-location of Old 502 and Falls City, and the new beer and wine hub, further expands Louisville’s focus as a food and beverage capitol, drawing culinary tourists from across the country and beyond.
“While both brands will maintain their unique and distinct identities, we believe that bringing them together ‘over the 9’ is going to be a big hit,” Easterling said. “The Old 502 and Falls City complex will offer a truly unique experience where patrons can enjoy locally-produced wine and beer in a top-notch venue.”
In addition to wine tastings and bottle purchases available currently at Old 502, visitors to the new craft beer and wine hub will also be able enjoy a pint, take home a growler or sample some special-edition and experimental Falls City brews. In addition to on-premise sales, the venue can also accommodate wedding receptions and large meetings.
Old 502 and Falls City expect the renovation of the craft beer and wine hub to be complete later this summer.
In addition to moving the brewery to the 10th St. location, both brands will benefit from an expanded sales force in the near future to better cover emerging markets in Ohio and Indiana.