{"id":1004105703,"date":"2014-10-15T13:31:21","date_gmt":"2014-10-15T21:31:21","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=298852"},"modified":"2020-04-28T20:32:45","modified_gmt":"2020-04-29T04:32:45","slug":"stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\/","title":{"rendered":"Stone Brewing To Open $74M Facility in Richmond, Create 288 Jobs"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">Another major employer is coming to Richmond and the state of Virginia. Gov. Terry McAuliffe announced on Oct. 9 that Stone Brewing Co., the 10th largest craft brewer in the United States, plans to construct its East Coast production and distribution facility in Richmond\u2019s Greater Fulton neighborhood.<\/p>\n<div id=\"attachment_298883\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/10\/SBC_RichmondLocation_LoRes.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-298883\" title=\"Project Stone 2014-09-08.psd\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/10\/SBC_RichmondLocation_LoRes.jpg\" alt=\"\" width=\"300\" height=\"197\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Stone Brewing&#8217;s Proposed Richmond Location<\/p>\n<\/div>\n<p style=\"text-align: justify;\">San Diego-based Stone Brewing will invest $74 million in the project, which calls for a 200,000-square-foot production brewery and distribution facility on a 14-acre site. Stone Brewing will also renovate a two-story, 30,000-square-foot building, transforming it into a destination restaurant spanning four acres. The new facility will also include gardens, retail space and administrative offices. When complete, it will accommodate 288 employees.<\/p>\n<p style=\"text-align: justify;\">The brewery is expected to start operations in late 2015 or early 2016. The restaurant will open a year or two later.<\/p>\n<p style=\"text-align: justify;\">Virginia competed against more than 20 states for the project. Steve Wagner, Stone Brewing\u2019s president, said that the company received hundreds of proposals and visited more than 40 sites before selecting Richmond.<\/p>\n<p style=\"text-align: justify;\">The Virginia Economic Development Partnership worked with the city of Richmond to secure the project. Stone Brewing will receive a $5 million grant from the Governor\u2019s Opportunity Fund and will be eligible for a grant of up to $250,000 from the Governor\u2019s Agriculture and Forestry Industries Development Fund, if it agrees to use Virginia-grown products in its operations. The company will also receive incentives from the Virginia Enterprise Zone Program, while funding and services to support employee training will be provided through the Virginia Jobs Investment Program.<\/p>\n<p style=\"text-align: justify;\">\u201cToday\u2019s announcement marks the fruition of months of partnership and aggressive efforts to show Stone Brewing Co. that Virginia is the best state for its new craft beer production and hospitality facility,\u201d Governor McAuliffe said in a statement. \u201dThis competitive, high-profile project really puts Virginia on the map and cements our standing as a serious player in the craft beer industry. In addition to Stone\u2019s significant investment and more than 288 new jobs, the far-reaching economic benefits of this operation are innumerable. The City of Richmond offers the infrastructure, available site and building, and natural resources that will allow the company to thrive and grow, and we are confident that Stone will benefit from the Commonwealth\u2019s excellent business environment for years to come.\u201d<\/p>\n<p style=\"text-align: justify;\"><em>Map credit: <\/em><a href=\"https:\/\/www.stonebrewing.com\" target=\"_blank\" rel=\"nofollow\"><em>Stone Brewing Co.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another important employer is coming to Richmond and the state of Virginia. Governor Terry McAuliffe announced on Thursday, October 9, that Stone Brewing Co., the 10th largest craft brewer in the United States, plans to construct its East Coast production and distribution facility in Richmond&rsquo;s Greater Fulton Community.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36153],"tags":[],"class_list":["post-1004105703","post","type-post","status-publish","format-standard","hentry","category-richmond-hampton-roads"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stone Brewing To Open $74M Facility in Richmond, Create 288 Jobs - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stone Brewing To Open $74M Facility in Richmond, Create 288 Jobs\" \/>\n<meta property=\"og:description\" content=\"Another important employer is coming to Richmond and the state of Virginia. Governor Terry McAuliffe announced on Thursday, October 9, that Stone Brewing Co., the 10th largest craft brewer in the United States, plans to construct its East Coast production and distribution facility in Richmond&rsquo;s Greater Fulton Community.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-15T21:31:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-29T04:32:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/10\/SBC_RichmondLocation_LoRes.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Stone Brewing To Open $74M Facility in Richmond, Create 288 Jobs\",\"datePublished\":\"2014-10-15T21:31:21+00:00\",\"dateModified\":\"2020-04-29T04:32:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\\\/\"},\"wordCount\":396,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/10\\\/SBC_RichmondLocation_LoRes.jpg\",\"articleSection\":[\"Richmond\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/stone-brewing-to-open-74m-facility-in-richmond-create-288-jobs\\\/\",\"name\":\"Stone Brewing To Open $74M Facility in Richmond, Create 288 Jobs - 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