Wolfcraig Scotch Distillery has signed a land deal with Ambassador Group to develop a $19m (£15m) Scotch whisky distillery.

The distillery at the Craigforth Campus in Stirling, UK, will also feature a visitor centre.

Wolfcraig Distillery director John Moore said: “Our new home has better links to public transport and is much closer to the heart of Stirling, making it easier for visitors and tourists to access the distillery.

“We are keen to be an integral part of Stirling’s hospitality and leisure sector and so moving to this site makes a lot of commercial sense.”

The firm revealed its plans for the new site last year. According to this plan, the project would include a distillery, an interactive and family visitor centre, a private tasting room and a 180-cover bistro restaurant and bar.

Besides an office on the north side of the site, there are plans for hotels, retail units and leisure and hospitality elements.

Moore added: “The master plan for the Craigforth Campus is extremely exciting and will complement our ambitious plans for Wolfcraig.

“We are looking forward to being located alongside other dynamic businesses and amenities as this development progresses.”

The project intends to put sustainability at its core and Stirling as a tourist destination.

The distillery will have a production capacity of 1.5m litres of spirit annually. It will produce Wolfcraig Highland single malt Scotch whisky and other spirits.

Ambassador Investments managing director Chris Richardson was quoted by Scottishfield.co.uk as saying: ‘We are very excited that Wolfcraig see their future as part of our Craigforth development and it’s great news for our overall masterplan.”

In 2020, Wolfcraig Distillery hired Richard Paterson as the master blender.