SPEEDWAY — The Speedway Redevelopment Commission has entered into a development agreement with Daredevil Brewing Co., makers of Lift Off IPA and aggressively fun craft beers, to acquire a two-acre site at the 1100 block of Main Street.
“A craft brewery on Main Street provides a new type of destination location that complements and adds to the growing diversity of local businesses and restaurants in Speedway,” Vince Noblet, president of the Speedway Redevelopment Commission, said in a press release. “We are excited to welcome Daredevil Brewing Co. to Main Street and our Speedway community.”
Daredevil Brewing Co. is currently located in Shelbyville. The Main Street location is an expansion of their growing craft beer business and will be Daredevil Brewing Co.’s first public taproom. Initial development will also include a 10,000-square-foot production brewery with additional expansion possible in the future.
“Main Street, Speedway, is an iconic location that uniquely complements everything Daredevil is about,” Shane Pearson, co-owner of Daredevil Brewing Co., said. “After months of due diligence evaluating locations, we found this incredible opportunity to acquire a former brownfield site that supports our business plans and allows us to be a part of the redevelopment of historic Main Street, Speedway.”
Gary L. Raikes, President of the Speedway Town Council said the Daredevil deal is a big step for the town.
“The commitment of Daredevil to locate on Main Street is another important step for our Town’s redevelopment effort,” he said. “ It’s a strong showing that business wants to be here, at the heart of the racing industry.”
Construction is planned to begin later this year with the goal of the new brewery being fully operational within the next 12 months.
Daredevil Brewing Co. plans to continue to operate their production brewery in Shelbyville.
Daredevil Brewing Co. is an independent, central Indiana based craft brewery that was founded by two award winning craft brewers, Bill Ballinger and Michael Pearson, and a talented craft beer enthusiast, Shane Pearson, to bring their flavorful interpretations of craft beer to market.
For more information and to find Daredevil Brewing Co beers in other areas visit www.DaredevilBeer.com. Follow Daredevil Brewing Co on Facebook at DaredevilBrewing, Twitter @DaredevilBeer and Instagram @DaredevilBeer