The Eden Mill expansion project involves redeveloping the former paper mill buildings in Guardbridge to allow increased production of gin, beer and whisky.
Located within the University of St Andrews' new Eden Campus , features of the development will include a new café/bar, visitor's centre, shop, presentation room and a VIP tasting area on the top floor of the distillery, offering views over the university campus and estuary.
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Paul Miller, co-founder of Eden Mill, said the project will "greatly benefit the local area and the wider Scottish economy".
"With ambitions to grow the business, it's the right time for Eden Mill to move forward with plans for a new distillery and brewery," he said.
"We have always been pioneering, and this expansion can open the door to new product development and continued success. To stay competitive, the spirits industry in Scotland needs to embrace new ideas and experimentation while respecting its heritage and traditions, particularly with whisky. At this new site, Eden Mill will be in the perfect position to invest in new products and lead the way with innovation."
Subject to planning approval, Eden Mill aims to be on site by summer 2018 with the buildings operational by autumn 2018.
(LM)
