Reports from local publication the Lexington Herald-Leader outline the investment which will see the creation of a visitors centre, tasting room, lodging, restaurant and retail space, as well as improvements to Kentucky Castle. 

Wes Henderson, co-founder of Angel’s Envy Bourbon, which was sold to Bacardi in 2015 for a reported $150 million, and chief executive of Saga Spirits Group will reportedly head up the project.

In addition, Saga has applied for labels for two whiskey products under the brand name True Story.