The plans include a tasting room, enhancements to the retail space and aesthetic improvements, according to a news release from the Brown-Forman Corporation.
The work at the distillery on McCracken Pike is expected to begin in November.
Woodford Reserve will receive tax incentives through the Kentucky Tourism Arts and Heritage Cabinet’s Tourism Development Act.
Woodford Reserve was introduced in 1996, and the Woodford Reserve Distillery opened in the same year.
The facility welcomed approximately 135,000 visitors during the last year.
The most recent expansion for the homeplace was completed in 2003.