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Entrepreneurs plan microbrewery for Fountain Square

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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.

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  • 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.

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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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