Troy committee recommends city loan for brewbarn downtown to offer “unique space, unique beers unique to Troy”

Former Troy church transforming into the area’s latest unique brewery

The Moeller Brew Barn, which has an operation in Maria Stein, earlier announced it would offer on-site handcrafted beer and a locally-sourced food menu in what was the long-time home of the Lutheran Church. The business, whose owners said Thursday will open in April or May, is expected to create 25 full- and part-time jobs.

>>MORE POPULAR STORIES: Developer envisions new life for nearly empty Troy shopping center

The project is the latest in the region to transform an existing or sometimes-historic space into a brewery.

“It is going to be a unique space, unique beers, unique to Troy. We are super excited,” said Nick Moeller, a project partner.

The proposed loan would be for seven years at 4.5 percent interest. The first nine months of payment would be interest only.

>>BEST OF DAYTON: 3 of the best places to enjoy a beer 

The loan would involve $125,000 from the city Community Development Block Grant Revolving Lan Fund and $125,000 from a new CDBG grant being requested from the state, said Tim Davis of the city development office. The state has given pre-approval to the grant and will be asked for final approval, if city council approves the application.

The total project cost was listed at $802,140. The total loan amount of $253,807 would include the loan closing fee.

>>NOW OPEN: Eudora Brewing Company opens new location

“They have been very successful up north and look to continue that momentum as they move down south here,” Davis said.

The application was by Tabernacle Brewing Co. LLC, doing business as Moeller Brew Barn. Anthony Scott, the other partner, and Moeller attended the committee meeting. Moeller Brew Barn operates a brewery and tasting room in Maria Stein and is undertaking a $1.5 million expansion to add a restaurant there.

The Troy building is owned by Keystone Homes, where Scott is president, and will be leased by the business for 10 years.

Thank you for reading the Dayton Daily News and for supporting local journalism. Subscribers: log in for access to your daily ePaper and premium newsletters.

Thank you for supporting in-depth local journalism with your subscription to the Dayton Daily News. Get more news when you want it with email newsletters just for subscribers. Sign up here.

X