Town Council to consider economic development agreement on Monday, August 18
FISHERS, Ind. – The Town Council will consider an economic development agreement tonight that would bring Indiana’s second-largest brewery to Fishers. If approved, Sun King Brewery will build its second craft brewery on 12.76 acres located at the southeast corner of Kincaid Dr. and Park Central Dr., bringing an estimated $19.5 million in regional economic impact and 27,000 visitors to Sun King’s proposed facility and the Fishers community. Fishers has committed to capture property tax for 25 years, estimated at $100,000 annually, to help offset capital costs and to fund surrounding public infrastructure.
“Sun King embodies the vibrant, entrepreneurial spirit that Fishers fosters throughout the community,” said Town Manager Scott Fadness. “The expansion into Fishers not only creates a new destination for our community, but also aligns with our mission to create an environment in which high-growth, high-potential companies compete and thrive.”
Sun King opened its doors in downtown Indianapolis in 2009 and has expanded its capacity by eight times since then. The brewery is expected to produce more than 28,000 barrels of beer in 2014 and needs to expand in order to continue to grow. “Fishers is the perfect community for our second brewery,” explained Sun King President Omar Robinson. “The town is excited about having us, and we can’t wait to produce our fresh local beer even closer to the many north-side residents who already enjoy Sun King, as well as introduce our beer to a new community. Sun King sells more craft beer in Indiana than any other Indiana brewery, and this new brewery will allow us to continue to meet the demand for our beer.”
The new brewery will be purpose-built to accommodate future growth, and the tasting room will be large enough to hold hundreds of thirsty Hoosiers. Sun King will continue to brew beer in the current brewery at 135 North College Ave. in Indianapolis, and both breweries will offer Sun King’s house lineup of Sunlight Cream Ale, Osiris Pale Ale and Wee Mac Scottish-style Ale, as well as countless seasonal and specialty beers.
Thompson Thrift will coordinate and work with the Town of Fishers to cause a bike and running path to be installed along Kincaid Drive, connecting 106th Street to the new brewery, which will enhance Fisher’s trail system and provide residents with easy access to Sun King. Thompson Thrift is a full-service real estate development and construction company with offices in Terre Haute, Ind.; Indianapolis; Carmel, Ind.; and Houston.
“We are excited that once again Sun King Brewery has chosen Indiana as a fixture in its long-term business plans,” said Eric Doden, president of the Indiana Economic Development Corporation. “We have worked hard to create an environment that promotes growth and creates more opportunities for Hoosiers, and we look forward to continuing to watch them expand here in the future.”
About Sun King Brewery:
Sun King Brewing Company is the brainchild of Dave Colt and Clay Robinson. With the help of family and friends – Omar Robinson, Andy Fagg and Steve Koers – the first keg of Sun King beer rolled out the door for delivery in July 2009. Now available on tap and in cans at hundreds of locations around central Indiana, Sun King has grown into the second-largest beer brewer in the state of Indiana. The company’s commitment to handcrafted seasonal and specialty beers has been rewarded with multiple medals at the Indiana Brewers Cup, Great American Beer Festival and World Beer Cup competitions. Visit www.sunkingbrewing.com for more information. SunKing Brewery is also on Facebook and Google+
About The Fishers Advantage:
The Fishers Advantage, Fishers’ aggressive economic development initiative, has recruited over 1,500 jobs and retained nearly 400 jobs by highlighting an excellent business climate, quality of life and talented workforce in Fishers.