Its new whisky distillery and visitor centre will be located at the Craigforth Campus in Stirling. The distillery will have the capacity to produce 1.5 million litres of spirit per year and will be primarily focused on single malt whisky, while the visitor centre will include an interactive education-focused experience, private tasting room and 180-cover restaurant and bar.
The building, designed by Opfer Logan Architects, will have sustainability at its core and the Wolfcraig team is aiming for it to be 'carbon-free' from the outset.
The plans have been facilitated by a deal with Ambassador Group, which is developing the Craigforth Campus on the former Prudential headquarters site.
John Moore, director at Wolfcraig Distillery, said: "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 masterplan 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."
Chris Richardson, managing director of Ambassador Investments, added: "We are very excited that Wolfcraig see their future as part of our Craigforth development and it's great news for our overall masterplan. We have been extremely impressed by the vision of the Wolfcraig management team and look forward to being a part of their journey."