Co-Owner
Current
Front Street Brewery, Inc.
Davenport, Iowa Area
Sometime in late 2014, Tim was approached by a friend in the real estate business about a potential opportunity to acquire a building and lease it to a new, startup brewery. After many months of discussions about potential locations, it was decided that the new brewery would be located on the first floor of the Bluffstone building in downtown Davenport. Tim and Brewmaster, Matt Engelhaupt, became friends during this year of discussions regarding locations, and instead of just being the real estate side of the business relationship, Tim and his business partner Pat Sherman would become partners in the new brewery endeavor, with Matt Engelhaupt and his business partner, Nathan Sobotka. The Bluffstone building happens to be located adjacent to Front Street Brewery, which has been in the same location since its founding in 1992, and holds the title of "Oldest Brewpub in the State of Iowa". Discussions with Front Street's owner about sourcing food for the new brewery began immediately, and everyone agreed there would be synergy in a new brewery opening up next door, along with the proximity of another local brewery, just down the street. One thing led to another, and plans for the new brewery were scrapped, and instead, an offer was made to acquire Front Street Brewery.The acquisition was only just completed on April 7, 2016. An equipment order was placed immediately to increase production output of the brewery from a maximum of 2,250 barrels of beer per year, to over 4,500 barrels, or 9,000 kegs per year. The brewery upgrades are expected to be complete by June 15, 2016, and 150 barrels of beer are expected to be kegged by July 1. Contracts are in place with regional beer distributors, and every drop of beer that is not consumed internally has been committed to distribution.