Fort Worth-based company purchases JBGB building, breaks ground on 10,000-square-foot expansion

Courtesy photo

For the past few weeks, JBGB officials have been hinting that news is coming for the brewery, music venue, and restaurant on Steele Boulevard. Last week, they announced that an expansion project was underway.

This week, we found out why.

Fort Worth-based company MAG Capital Partners, LLC on Monday announced it has acquired the property at 3615 N. Steele Boulevard, has leased it back to JBGB, and has already broken ground on a planned 10,921 expansion of the venue.

The company is owned by principals Dax T.S. Mitchell and Andrew Gi.

“Now is the time to invest in and improve the facility for the future and JBGB is smartly leading the way in this effort so the community can come together again this fall to celebrate life—eat good food, drink craft beers and enjoy live music,” said Gi said in a press release announcing the move this week.

The JBGB facility was built in 2017 by JBGB’s owner Jody Thornton, who also owns 8 JJ’s Grill restaurants around the state. The idea at the time was to create a production facility for a brewery that would supply beer to the restaurants, but also offer a brew pub and music venue with a fun outdoor hang-out area.

The project evolved quickly, with the restaurant and outdoor area complete with a large state, kids playgrounds, and other amenities becoming a hit with locals. The venue also hosted a free concert series that hosted a variety of touring acts during the summer months.

In 2019, the venue announced it would close for a major renovation project to enclose the space to allow for more concerts and events.

The brewery located at the facility has remained in operation during the JBGB closure, as have the corporate offices of the Fayetteville-based restaurant chain.

The building is located on a 3.26 acre site in the “uptown” area of Fayetteville.

JJ’s officials said last week the hope is to be up and running later this year.

“Construction of our enclosure officially started earlier this month with a completion date around early Fall, possibly late summer,” read their social media post from Jan. 25.