March 8, 2002

Oasis Brewery may scale back; Capstones no longer restaurant

By

BOULDER ? In the face of slowing microbrew beer sales, Oasis Restaurant and Brewery in Boulder is considering reducing the size of its brewing operation. It also plans to turn one of its restaurants back into a bar that will be open only on a limited basis.

George Hanna, owner of the Oasis, said the fast-growing market for microbrew beer in the early and mid-1990s led his company to overestimate the market’s appetite for hand-crafted suds. The industry’s growth slowed dramatically in the late 1990s, and Hanna decided to scale back Oasis’ operations at the company’s 12,000-square-foot brewery annex at 32nd…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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