A new microbrewery and restaurant is planned for the former Taco Bus location in St. Petersburg.

Located at 2324 Central Avenue, the 0.41-acre lot was purchased for $860,000 by Grand Central Property Holdings. The project will feature two separate buildings divided by an outdoor courtyard and beer garden.

On one side of the lot will be the Grand Central Brewhouse, a 6,040-square-foot microbrewery while the other side will be 3,290-square-feet reserved for a future third-party restaurant. It plans to open this summer.