BOULDER – The city of Boulder has approved up to $90,000 in permit fee and tax rebates for Avery Brewing Co., as the growing craft brewery builds a new $27 million home in Gunbarrel.
The 96,000-square-foot building Avery is constructing at 4910 Nautilus Court will include a taproom and restaurant in addition to the brewery.
Avery was launched in 1993 by Adam Avery and his father Larry. The company brews more than 20 different beers at its headquarters at 5763 Arapahoe Ave., which the brewery will move out of once the Gunbarrel site is finished.
The new brewery is expected to double Avery’s initial production to 100,000 barrels per year, and employ at least 150 people.
“Boulder is very proud to be home to Avery Brewing Company and we are delighted the company is building its new brewery here,” Boulder city manager Jane Brautigam said. “This rebate is one of the largest approved since the city’s Flexible Rebate Program was adopted, and it reflects the significant investment Avery Brewing is making in the Boulder community and the company’s outstanding commitment to sustainability.”
Avery’s Flexible Rebate Program application is the 10th and final to be approved as part of the 2013 round of rebates. The program funded all of the $350,000 in rebates budgeted for 2013, as well as $105,000 in unallocated rebates from previous years.
Applications for the 2014 program are available online at www.bouldercolorado.gov/businesss, with the deadline for applications Dec. 5.