AUGUSTA, Mo (KMOX) - Some new money and a development plan are coming to Augusta, Mo. as a Florida-based company with a connection to the area will invest as much as $100 million into the region's wineries and vineyards.
The Hoffmann Family of Companies made the announcement this week that they'll acquire the Balducci Winery and Vineyards, Knoernschild Vineyards Old Augusta Wine Company and other businesses and buildings in the area. The Hoffmann’s plan is to consolidate wineries in the area covering over 700 acres, making them the largest vineyards and winery in the Midwest.
They're in negotiations with two other wineries in deals that could close this month or next, according to the St. Louis Business Journal. hoffmann's plans are to consolidate the properties to create one of the largest in the midwest and add a hotel, golf course and other attractions.
The Company said it will soon meet with city officials to outline their plans which call for the building of a hotel, a nine-hole golf course, a paddleboat to be docked in Augusta, trolley rides, horse and buggy rides, a 5-star restaurant and many more attractions. The Hoffmanns also plans to donate a refurbished playground to the community of Augusta as well as the construction of public restrooms thereby making the town more pedestrian-friendly and walkable.
Both David Hoffmann, the company's founder and his wife Jerri are natives of Washington, Mo.
“We see a unique opportunity to consolidate the Augusta, Missouri wine country to enable us to provide not only great wine from the beautiful countryside of Missouri, but to create a national destination similar to Napa Valley," said David Hoffmann.
The Company is the largest owner of commercial real estate in towns across America like Avon, Col., Naples, Fla., and Winnetka, Ill. and will be as well in Augusta.
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