Manhattan Deputy City Manager Jason Hilgers expects the city won’t see any more return on $317,000 of investments it made in the Tallgrass Brewing Company. He presented the annual economic development report at the city commission work session Tuesday.
Tallgrass suspended operations last August after negotiations with new investors languished. Recapitalization efforts seem to have failed for the time being as Hilgers says the company and its real estate is now held by Landmark Bank.
“I do believe they’re obviously trying to find a prospective buyer or someone to occupy that space,” Hilgers says. “A lot of rumors around about whether another brewery will be there — time will tell.
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