IBJNews

Entrepreneurs plan microbrewery for Fountain Square

Back to TopCommentsE-mailPrintBookmark and Share

Beer lovers can soon add another local craft brewer to their "to-sample" list.

A group of entrepreneurs plans to open Fountain Square Brewing Co., possibly this summer.

The three partners, Bill Webster, Jeff Gibson and Justin Brown, describe themselves as avid home brewers with diverse business backgrounds. Webster works at Eli Lilly and Co.

Webster, president of the brewing company, is a project manager at Eli Lilly and Co. Brown is an electrical engineer with a local firm. Gibson, an old friend of Webster's, is an executive with Aramark and lives in Dallas.

“We have a lot of the same interests,” Webster said. “We're all of this analytical kind of mind and maybe beer nerds.”

The partners are self-financing the enterprise. Webster said they plan to continue with their present careers, but will work on the microbrewery full-time if the business demands.

Fountain Square Brewing Co. said it purchased its equipment from a recently-closed local brew pub. The partners are working with Skip Duvall, who was head brewer at Alcatraz Brewing Co. at Circle Centre mall before its recent closing.

The start-up brewery will be at 1301 Barth Ave., which formerly housed a carburetor-repair shop and is owned by Southeast Neighborhood Development. SEND acquired the 10,000-square-foot building, which is off Shelby Street behind Bud's Supermarket, six months ago for $250,000.

"That's been an under-utilized piece of property right on the commercial corridor," SEND President Mark Stewart said.

Stewart said the entrepreneurs sought out Fountain Square, which attracted nine new businesses in 2010. SEND and Fountain Square Brewing Co. have not yet hammered out a long-term lease for the building.

Stewart said he expects the business to open sometime in the third quarter of 2011.

ADVERTISEMENT

  • question
    I am also looking at opening a brewery. From talking to some folks from around town, running a brewery is more than a full time job especially a start-up. I talked to Darren at Bier Brewery, and he puts in about 70 hours per week. Unless they have enough money to keep dumping into the project, I have a feeling the owners will be at their new brewery more than a few hours a day/night. With that said, good luck in the new venture.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

ADVERTISEMENT