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Huge vineyard land deal in South Okanagan

Phantom Creek Estates recently added to their land inventory with the purchase of a 63 acre vineyard operated by Chris and Betty Jentsch. Pictured is an artist's rendition of Phantom Creek's $100 million winery currently under construction.
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November 07, 2017 - 2:30 PM

OLIVER - A South Okanagan mega-winery has acquired a new property in the Golden Mile Bench.

Phantom Creek Estates Winery recently acquired a 63-acre vineyard on the Golden Mile Bench near Oliver, according to the blog Anthony Gismondi on Wine.

Phantom Creek now has nearly 175 acres of vineyards with the purchase, which closed Nov. 1, Gismondi says in the blog.

The vineyard, which was originally planted by Chris and Betty Jentsch, currently grows cabernet sauvignon, cabernet franc, petit verdot and malbec along with some viognier and syrah. They will continue to farm three estate vineyards in the Oliver area.

“We are delighted to find a buyer that is committed to continuing the tradition of excellence as the pursuit of enhancing this world-class vineyard, viticulturist and owner Chris Jentsch said in the blog.

Phantom Creek Estates is currently building a new winery on its Sundial property, at an estimated cost of $100 million. It's expected to open in the spring of 2019. The company's long term plans include acquisition of its own vineyard acreage, as it specializes in organic and biodynamic viticulture.


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News from © InfoTel News Ltd, 2017
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