Cidery picks out funding for $7M Lafayette facility

stem ciders lafayette

The foundation and first-floor walls have risen at Stem Cider’s Lafayette outpost. (Kailyn Lamb)

Stem Ciders has found just the right fertilizer for its $7 million cidery to take root in Lafayette.

The RiNo staple closed on a $6.2 million SBA loan with FirstBank last month to build a 30,000-square-foot facility north of Denver.

Stem plans to open its Lafayette taproom, restaurant and production space by November, founder and CEO Eric Foster said.

He said the new space will give the cidery room to experiment with new beverages, like making sour ciders out of a wild fermentation program.

“(We’ll start) playing with things that we haven’t really had the availability to play with, mostly because of a lack of space and time,” Foster said.

The company will continue to produce and pour ciders at its original taproom in RiNo, which opened in 2014.

Stem purchased 8 acres east of downtown Lafayette for $500,000 in January. The foundation walls for the first level of the facility have been built.

The cider company brought in Boulder-based Daedalus Studio to design the facility and Faurot Construction as the general contractor.

stemCiders rend lafayette

Rendering of Stem’s planned Lafayette taproom and production facility.

stem ciders lafayette

The foundation and first-floor walls have risen at Stem Cider’s Lafayette outpost. (Kailyn Lamb)

Stem Ciders has found just the right fertilizer for its $7 million cidery to take root in Lafayette.

The RiNo staple closed on a $6.2 million SBA loan with FirstBank last month to build a 30,000-square-foot facility north of Denver.

Stem plans to open its Lafayette taproom, restaurant and production space by November, founder and CEO Eric Foster said.

He said the new space will give the cidery room to experiment with new beverages, like making sour ciders out of a wild fermentation program.

“(We’ll start) playing with things that we haven’t really had the availability to play with, mostly because of a lack of space and time,” Foster said.

The company will continue to produce and pour ciders at its original taproom in RiNo, which opened in 2014.

Stem purchased 8 acres east of downtown Lafayette for $500,000 in January. The foundation walls for the first level of the facility have been built.

The cider company brought in Boulder-based Daedalus Studio to design the facility and Faurot Construction as the general contractor.

stemCiders rend lafayette

Rendering of Stem’s planned Lafayette taproom and production facility.

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Brewing

Editor's Picks

Leave a Reply

Your email address will not be published. Required fields are marked *