.

Digger's Seeking Financing for Brew Haus Expansion

Steven Wirth, Digger's owner, hopes to brew beer at downtown restaurant.

who possess a desire to expand in town. Digger's Fine Food & Spirits, a traditional Irish-style pub and restaurant on West Main Street, has aspirations to open their own microbrewery using an unoccupied, 1,600-square foot section of its building―the former Crystal Bar, located west of Diggers' ―and transform the establishment into a fully-operational brew haus, a pub and/or restaurant that brews and serves beer on premise. 

As of right now, the proposed microbrewery, which would produce six standard styles of beer available on draft and rotate between four seasonal selections, is currently in the "seeking finance stage" according to Digger's owner Stephen Wirth. Wirth is trying to fund the expansion through the Small Business Administration, and is hoping to have a loan approved within the next month or so. But considering the current state of the economy - and his industry - finding approved financing has been no easy task.

"The SBA is taking into account that restaurants have high failure rates, so sometimes it feels like we're taking one step forward and a half step backward," Wirth said.

And he'd rather wait than rush into anything financially.

"I don't want to be held over a barrel (by a private investor) just because I want to get this deal done," he said. When asked how confident he was that financing would be obtained, Wirth gave a conservative 50/50 estimate.

If loan approval does come, Wirth mentioned Supervisor Sean Walter's "fast track" site plan approval from last winter's 'Downtown Summit.' At that meeting, which brought a room-full of investors from all across Long Island, along with members from Town Hall, Walter and Planing Department Head Rick Hanley said a compliant site plan could be in and out of town hall within two months.

Following site plan approval, equipment must purchased, followed by construction. Wirth said an optimistic timeline opens the project in the middle of next year, and has already organized the distribution plan for Digger's-produced beer. 

"First we brew for ourselves, then hopefully for other restaurants and bars around here and for outside areas, as well," said Wirth. "I want to hit New York City, Conneticut and Pennsylvania with our beer, definitely."

Whether it be Long Ireland's current construction phase, or Digger's proposed expansion plan, it is quite apparent that Riverhead is set to become Long Island's newest craft beer hotspot. 

"I've often thought that Riverhead and the whole East End would be the obvious place to build a potentially strong local beer culture," believes Donavan Hall of Rocky Point Artisan Brewers and author of 'The Beer Hall Guide to Long Island.' "Putting down roots (in Riverhead) is smart since it puts them right in the center of the East and gives them a community base that can get behind them and support the release of new beer."

Pub/Restaurant: Digger's Fine Food & Spirits

Websitehttp://www.diggerspub.net

Home: 58 West Main St., Riverhead

Standard Beer Styles (proposed): American Light Lager, Golden Ale, Red, Brown, Stout, Porter

Seasonal Beer Styles (proposed): Belgian Wit (Spring), Wheat (Summer), Pumpkin (Fall), Sour Cherry/Spiced (Winter)

Expected Opening: Mid-2011 

davidlevy123 November 15, 2010 at 07:06 AM
It pays to shop around for a mortgage refinance. Mortgage rates have gone down like anything. My brother in law just got a 30-year fixed loan at 3.76% He told me search online for "123 Mortgage Refinance" for the lowest rate.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »