In a recent posting I wrote about Adelaida
Cellars, & Daou Vineyards and what they were doing with parts of
the historic former Hoffman Mountain Ranch property.
There has also been some closure to the saga
of the former Martin Brothers winery.
The operation, which was founded in the early days of vineyard expansion in
Paso Robles, was recently involved in another pair of transactions. I met one
of the brothers in the early 1980s and began using their wines for my clients
wine lists in Colorado. Martin Brothers became the Martin
& Weyrich winery around 2000 when David Weyrich invested in
the operation. David inherited a significant portion of a $610M estate from his
father in law. Local publications relate his rapid moves into "risky"
business ventures, including boats, jets, hotels and real estate along the
Central Coast. His investment in the winery expanded to include building the
luxurious Villa Toscana, a small, high end boutique inn and spa on the east
outskirts of town with the production facilities next door and surrounded by
vineyards. They also operated a large tasting room at a prime location just off
Hwy 101 on E 46.
In only ten years Weyrich's investments unraveled and the
inn, winery and tasting room were in receivership by 2010. With debt of a
reported $4.5M on the wine businesses, they were sold for less than half of
their worth and the holdings were parceled out. One local newspaper reported Weyrich
owed $60M to 150 creditors when the collapse happened. The tasting room was
reopened by San Antonio Winery, a big
bulk producer from LA seeking a sales outlet in a popular tourist wine region.
The inn was somewhat vandalized and the wine making equipment and building lay
empty. In the fall of 2012, a Chinese company purchased the winery and inn.
Allegedly the owner is the largest adult beverage distributor in China and set
a plan in place to purchase and blend wines for export to China. The vineyards adjacent
to the winery were part of the purchase so there could be estate wines in the
future. The plans for the inn are said to be simply private use for events,
visiting VIPs and the marketing trade. Last week it was announced that the
major vineyard block, located in Templeton, southeast of Paso Robles, has been
purchased by Pomar Junction Vineyard & Winery .
The winery and tasting room are near the purchased vineyards and their current
bottlings, from the existing estate, qualify for SIP TM (Sustainability In Practice)
certification. This means they both best "green" practices in their
viticultural techniques on the land and also support them throughout their
staff. It will be good to see the renovation of the former Martin land adapt
that program as well.
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