E-Malt.com News article: USA, FL: Hop Daddy, LLC proposes to build brewery in Clearwater

When the city of Clearwater put a request out for an entrepreneur to develop the property at 115 S Martin Luther King Jr. Ave., it got one response. The company Hop Daddy, LLC proposed building a brewery, to be called Salty Bull Brewing, on the dormant site, the Tampa Bay Times reported on July 19.

On July 15, the city’s community redevelopment agency took a major step toward approving their plans.

The city plans to sell the one-acre property to Hop Daddy for $600,000, and give the business a $500,000 grant to get started, CRA director Amanda Thompson said at a meeting of the City Council, which acts as Clearwater’s CRA board.

Salty Bull co-founders Bryan Boroksy, Teri Moran and Jeff Moran hope to combine a green space with an industrial area to create a unique brewery experience, Borosky said on July 15.

Thompson acknowledged that the project comes with some risk for the city. As a result, Clearwater plans to put some backstop measures into the agreement with its new partners. The $600,000 in payments to the city will come over 10 years, allowing Clearwater to still have a stake in the property over that time.

The council unanimously voted to allow the CRA to draft an agreement with Hop Daddy for the development and sale of the site.


21 July, 2019