Texas Lifestyle ViewPoint-The Craft Beer Revolution September 2017
Over the course of 12 years, the number of craft breweries in Texas has expanded from 20 breweries in 2005 to 218 breweries in 2017, an increase of 990%.
As the economic downturn began to ebb, the millennial generation and “foodie” culture began seeking out ways to accumulate experiences versus material possessions. Thus, reclaimed financial strength coupled with a desire for quality beers sparked the craft beer revolution in the Lone Star State.
With the explosion of suds throughout the state, the commercial real estate industry benefitted from the population wetting their tongues on craft brews, with the total square footage occupied by craft breweries expanding by 265% from 2005 to 4.8 million sq. ft. in 2017.