Tackling projects through its Naples, Florida-based Hoffmann Family of Companies, the Hoffmann family in 2021 announced its plans to transform Augusta, Missouri, into a national wine destination, later upping its investment to $150 million. “We’ve gotten all the aesthetics done,” David Hoffmann said of the current state of Augusta, in a recent interview. "But we need to get focused on the big thing now, and that’s the hotel.”