The Distillery at South Shore
A historic landmark is being reborn in Pittsburgh's South Shore!
- Security Type
- Debt
- Categories
- Distillery
- Location
-
CARNEGIE, PA
- Expected Close Date
- September 05, 2022
- Amount Raised
- $16,300
- Target Raise
- $50K-$250K
- No. Investors
- 9
- Security Price
- $1
- Number of Employees
- 10
- Cash
- $13,327
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $8,327
- Net Income
- $0
Company Description
Designed as a community gathering spot with a focus on hand-crafted food, spirits, and wares, The Distillery at South Shore will feature a restaurant with indoor and outdoor seating, a 5,000 square foot craft spirits distillery, and a tasting room with walk-up access from the Riverwalk, an eclectic artisanal marketplace with local merchants sharing their craft, a rooftop bar with expansive views of downtown Pittsburgh, and much more.
Key Deal Facts
The Distillery at South Shore is the culmination of a multi-year vision to be Pittsburgh’s representation of other successful iterations of the concentrated, multi-faceted, locally-sourced marketplace., The aim is to bring under a single roof: an upscale convenience store, a distillery, an artisan marketplace, a tasting room featuring craft spirits, microbrews, fine wines, event space for up to 400 people, and a galley-style restaurant concept.
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.