In June, we broke the news that beloved Stone Brewing Co. brewmaster Mitch Steele was leaving the California-based brewery to head up a project of his own. Yesterday, we finally got word on what that venture will be.
In a press release sent out Monday morning, it was announced that Steele will be opening a brewery and brewpub in Atlanta, Georgia. The location will include a state-of-the-art brewing facility, a rooftop bar and a beer garden, according to the release. Visitors can also expect regular brewery tours and brewing classes for aspiring homebrewers.
Steele’s partners on the project are Carey Falcone and Bob Powers, a pair of beer industry vets who held leadership roles at Anheuser-Busch InBev and Constellation Brands, respectively.
Steele, Falcone and Powers are also the founders of an Atlanta-based company called American Beerworks!—yes, the exclamation point is part of the name—with a somewhat nebulous purpose. A representative told us that it’s a holding company for the new brewpub venture, but text from Falcone’s LinkedIn profile, which says “American Beerworks consists of U.S.-based craft breweries that combine passionate and experienced beer artisans with patient, long-term capital,” may suggest it’s something more.
In April, former Stone CEO Greg Koch announced the creation of True Craft, a company which will “make minority investments in craft brewers while allowing those breweries to retain their independent soul and control.” Could Steele, after breaking off from Stone, be involved in something similar? We’ll keep you updated as we learn more.