Exciting news that Betz Family Winery recently purchased 40 acres of vineyard land in the SeVein project near Seven Hills Vineyard in the Walla Walla AVA.
This notable Washington brand joins a prestigious group of wineries including Doubleback, Figgins, JM Cellars, Middleton and others. Read more about the SeVein Vineyards project here.
While we are preaching to the choir here in Washington, the more exciting news is that California (and others) are taking a long look at other wine-growing regions as the costs of Calfornia vineyard land increase and the ongoing drought continues.
Panelists at the 23rd Wine Industry Financial Symposium held in Napa this September, predicted that the Pacific Northwest is on its way to becoming “a hotbed of wine property sales,” reports Paul Franson in his article for Wines & Vines (09/2014).
Interestingly, (moderators) compared Cabernet Sauvignon wines from Walla Walla and Napa, and those from Walla Walla score slightly higher in Wine Spectator ratings but average about half the price.