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201.1
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0.00%
 
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CTBI
44.45
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938.6
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19.05
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201.1
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46.75
0.00
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44.45
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24.93
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40.26
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239.21
+2
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88.75
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6.35
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KR
20.19
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309.58
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36.25
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TPX
61.65
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48.24
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YUM
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Market Review | Bourbon & Hospitality: Spirits and money pouring in

By Kevin Gibson

Following a $27 million renovation to the former Vermont American and Baer Fabrics Warehouse on East Main, Angel’s Envy opened its distillery and visitor experience in Louisville at the end of 2016.
Following a $27 million renovation to the former Vermont American and Baer Fabrics Warehouse on East Main, Angel’s Envy opened its distillery and visitor experience in Louisville at the end of 2016.

Louisville has a new brand, a new distillery destination and an added boost in tourism in 2017.

Angel’s Envy opened at the end of 2016 downtown following a $27 million renovation to the former Vermont American and Baer Fabrics Warehouse on East Main. The gorgeous structure includes a visitor center with a gift shop, and a fully functioning distillery, meaning that everything in the production of Angel’s Envy bourbon, from milling grains to bottling the finished product, happens on site.

And that’s only the beginning of what has Louisville’s status as a tourist destination and economic grower ever evolving. But it’s a big one, with bourbon and Angel’s Envy on the leading edge of this growth.

Plans for the new distillery were first put forth by the late distiller Lincoln Henderson and have been several years in the making.

“Opening the Angel’s Envy distillery and visitor’s center in downtown Louisville was a dream Dad and I had,” Wes Henderson, Angel’s Envy chief innovation officer, said. “He would be so proud of what we’ve accomplished in such a short amount of time.”

MRGLSI2017-300It isn’t going unnoticed, if a recent study by Longwoods International is any indication. The study showed that visits to Louisville rose 4 percent to 24.2 million from 2014 to 2015, adding $1.235 billion in spending, increase of 10 percent over the previous year. Another study suggests 85 percent of all visitors to Louisville can be considered “leisure travelers.” It isn’t all due to bourbon, but the light brown, state-native liquid sure helps.

Another recent step forward in this effort was the city’s dedication of the first phase of the downtown Bourbon District, which pays homage to downtown Louisville’s rich bourbon history, featuring historic site signs, destination signs, banners and a pop-up “event scape.” 

“While Louisville’s bourbon story goes back to the late 1700s, it’s only been in the last decade that bourbon tourism has become a defining point of our city’s authenticity,” said Karen Williams, president and CEO of the Louisville Convention & Visitors Bureau. “We are thrilled to be part of sharing this cultural heritage with locals and visitors and think it will enhance their appreciation of Louisville’s unique destination experience.”

“We’ve seen first-hand how Bourbonism can boost economic development and revolutionize tourism,” Louisville Mayor Greg Fischer said. “Today, Bourbonism is thriving in Downtown Louisville, with four distillery experiences already open and three more planned, as well as a number of additional bourbon attractions slated to open.”

If that wasn’t enough, on May 1 Fischer helped announce that a new Old Forester product, Old Forester Statesman, will debut in filmmaker Matthew Vaughn’s upcoming film “Kingsman: The Golden Circle,” starring Colin Firth, Taron Egerton, Mark Strong, Jeff Bridges, Halle Berry and others. Part of the film will be set in Louisville, with bourbon a key ingredient.

But bourbon isn’t the only hospitality-based economic driver in Louisville.

Convention traffic gaining steam

Louisville’s convention business is on track to increase in the coming years, thanks in no small part to the expansion and renovation of the Kentucky International Convention Center (KICC) in downtown Louisville, along with the new hotel development currently under construction or proposed. The convention center is set to reopen in summer 2018.

In addition to the Omni and others, Concord Hospitality and 725 Partners recently began construction on the new AC Hotel Nulu, which will feature 156 rooms and 6,000 s.f. of retail space.

In conjunction with that growth, the Louisville Convention and Tourism Bureau reports that booking for conventions in 2019 and 2020 is strong. Doug Bennett, senior VP of convention development for LCVB, said that “between the anticipated opening date of August 2018 through August 2020, the Bureau has worked with 24 groups that will utilize the new center.”

But bourbon also plays a role in that as well. It’s pretty well known now that the CVB first played the bourbon card in 2007, which is when it began to fiercely promote it to potential conventions. It has worked in tandem with what the mayor’s office and Downtown Louisville have done, by design.

“Over time, even though we still promote collectively as ‘Bourbon Country’ with our regional partners, we began to incorporate a bourbon message into our overall city messaging,” Stacey Yates, vice president of marketing for the CVB, said. “With the Louisville brand re-launch last year, bourbon was identified as one of four brand pillars that would guide our messaging overall.”

Dining and beer can’t hurt

Add in Louisville’s vaunted dining scene – it is widely recognized nationally as a culinary destination – and you’re really onto something. With roughly 2,500 restaurants encompassing a wide range of cuisines, from Southern-inspired fare that reflects Kentucky’s heritage, to a healthy array of world cuisines, dining becomes one more jewel in the crown of economic growth.

David Oetken, of the Louisville Small Business Development Center, believes tourism helps drive the culinary scene, and vice versa. Naturally, he includes bourbon in the equation as well.

“If you think about what Bourbonism truly is, it is all about an experience,” Oetken said. “Visitors come to Louisville to experience, not simply to consume. This fits hand in glove with the local food scene where local chefs try new concepts and feel free to abandon old.”

“The dining and culinary scene just continues to flourish,” Yates added. “The bulk of that is simply organic and then a little of the spotlight that we are able to help shine on that story.”

Meanwhile, Louisville slowly becomes a brewing destination as well. With expansions to Great Flood Brewing Co. and 3rd Turn Brewing either complete or in the works, and new breweries like Mile Wide Beer Co., Old Louisville Brewery, Holsopple Brewing, and others, people from around the region are beginning to take notice and make visits.

Gravely Brewing, a combination brewery and music venue, is set to open later in 2017, and co-owners Nathaniel Gravely and Cory Buenning relocated here from other markets, but chose Louisville because of its brewing heritage and its music scene.

It’s a recipe for continued growth in the River City, with bourbon as the key mixer.

ATTRACTIONS & DISTILLERIES

Barton 1792 Distillery

Bardstown – 1792bourbon.com

Bourbon Classic

Louisville – bourbonclassic.com

Early Times

Louisville – earlytimes.com

Four Roses (warehouse/bottling facility)

Cox’s Creek – fourrosesbourbon.com

Heaven Hill Distilleries Inc.

Bardstown – heaven-hill.com

Jim Beam Brands Co./Jim Beam American Stillhouse

Clermont – jimbeam.com

Jeptha Creed

Shelbyville – jepthacreed.com

Kentucky Bourbon Festival

Bardstown – kybourbonfestival.com

Kentucky Bourbon Trail

bourbontrail.com

Limestone Branch Distillery

Lebanon – limestonebranch.com

Maker’s Mark Distillery Inc.

Loretto – makersmark.com

Michter’s Distillery LLC

Louisville – michters.com

Old Forester

Louisville – oldforester.com

Urban Bourbon Trail

Louisville – bourboncountry.com/urban-bourbon

Whiskey Row

Louisville

URBAN BOURBON TRAIL STOPS

(All in Louisville)

Asiatique

1767 Bardstown Road asiatiquerestaurant.com

Avalon

1314 Bardstown Road avalonfresh.com

The Bar at BLU

280 W. Jefferson St. blugrille.com

Baxter Station Bar & Grill

1201 Payne St. baxterstation.com

Bourbons Bistro

2255 Frankfort Ave. baxterstation.com

Bristol Bar & Grille

614 W. Main St. bristolbarandgrille.com

The Brown Hotel Lobby Bar

335 W. Broadway brownhotel.com

Buck’s

425 W. Ormsby buckslou.com

Corbett’s: An American Place

5050 Norton Healthcare Blvd.

Corbettsrestaurant.com

Derby Café: at the Kentucky Derby Museum

704 Central Ave. derbycafe.com

Dish on Market

434 W. Market St. dishonmarket.com

Doc Crows Southern Smokehouse & Raw Bar

127 W. Main St. doccrows.com

Equus & Jack’s Lounge

122 Sears Ave. equusrestaurant.com

Jockey Silks Bourbon Bar

140 N. 4th St. galthouse.com

Limestone

10001 Forest Green Blvd.  limestonerestaurant.com

Maker’s Mark Bourbon House & Lounge

446 S. 4th St. makerslounge.com

The Old Seelbach Bar

500 S. 4th St. seelbachhilton.com

Proof On Main

702 W. Main St. proofonmain.com

Ramsi’s Café on the World

1293 Bardstown Road ramsiscafe.com

Village Anchor

11507 Park Road villageanchor.com

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