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Another winery in the Okanagan on the market for $9 million

This year has already seen the closures or sales of many others in B.C.

In a year that has already seen the closures or sales of many wineries in B.C., another has gone up for sale in Penticton.

Play Winery, which opened in 2016 as Play Estate Winery, has hit the market with an asking price of $9 million.

It’s the latest sign of trouble facing the wine industry, which faced devastation to the grape crops after 2022’s winter.

Earlier this year Cascadia Partners worked with BCWGC and Wine Growers B.C. (WGBC) on the Winter Bud Damage Report, which estimated a 54 per cent loss of crops across the board and a related 20 per cent loss in employment, or 381 lost jobs.

The B.C. wine industry needs up to $317 million in government financial assistance to replant between 3,814 and 7,492 acres of damaged vines.

The devastating winter followed after a season with the crushing heat dome that hit all of B.C.

The winery, located in the Skaha Hills neighbourhood overlooking Skaha Lake, includes a wine shop, tasting lounge, indoor/outdoor bistro/hospitality space, wine barrel storage and production space in the sale.

The 15.59-acre property includes the 13 acres of planted vines.

READ MORE: Glass half full for challenged B.C. wine industry: Penticton winery owner

Brennan Phillips

About the Author: Brennan Phillips

Brennan was raised in the Okanagan and is thankful every day that he gets to live and work in one of the most beautiful places in Canada.
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