INDIANAPOLIS (WISH) – Another local brewery is expanding in central Indiana.
Daredevil brewery will hold a groundbreaking ceremony at its future home on Main Street in Speedway Friday morning.
Once building is finished by early next year, the two-acre site will be home to a 10-thousand square foot production facility and the company’s first-ever tap room with outdoor seating.
Since opening two years ago, Daredevil now offers “aggressively fun craft beers” in nearly 200 Indiana establishments.
Owner Shane Pearson said he and his partners looked at nearly 80 sites before choosing the Speedway location for their expansion. He said the town’s redevelopment of Main Street was part of the reason why.
“And we fit well in Speedway,” he said. “The branding complements between Daredevil and Speedway really fit well and we all grew up in Indiana so we have a special place in our heart, like many people, for the 500 and for the whole racing community.”
“We are thrilled to have Daredevil Brewing joining all the excitement on Main Street,” said Speedway Town Manager Ian Nicolini. “This is yet another reason to visit Speedway and see all that we have to offer year round. They’re innovators in a booming industry, contributors to the local economy, and great corporate citizens.”
In addition to Friday morning’s groundbreaking, Daredevil is also hosting the ‘Hops and Flip Flops’ craft beer festival from 5:30 to 8:30 Friday night.
The festival is a combination of live music, food, and craft beers from 20 Brewers.
Tickets cost $25 with proceeds going towards the Speedway Lions Club.
Daredevil is the second brewery to announce an expansion in central Indiana this week. On Monday, Sun King Brewery announced it will soon build in Fishers. Construction is set to begin in November with doors open by July, 2015.
Daredevil expects to be up and running in Speedway by early 2015.
“The craft beer industry is … exploding, really is probably the right word for it in Indiana and across the country,” said Pearson. “And being a part of that has been really something that we’ve enjoyed and in some ways, it’s humbling to see the business grow so fast and to see people react and enjoy the beers that we make because we wouldn’t exist without that.”
According to the Brewers Guild of Indiana, there are currently 94 breweries across the state. A spokesperson says that number could reach 100 by the end of the year.
The guild says Indiana’s central location in the Midwest is one likely reason for the boom.