As the demand for sustainable and locally sourced produce in urban areas increases, so does the chance to be a part of the solution. Urban farming, a new development in real estate, brings an opportunity for investors to profit by transforming commercial real estate into urban gardens.
Urban farming may be the new big investment opportunity for commercial real estate investors
To meet consumer demand, real estate developers are starting to incorporate urban farms into their commercial real estate development projects, adding rooftop farms or community gardens at the tops of apartment buildings, office spaces, or restaurants. Residents have the option to maintain their plots or a designated urban farmer maintains the garden for the community to ensure viability and productivity.
Vacant, blighted commercial buildings are being repurposed for the use of indoor farming with a large focus on producing leafy greens, which lose their nutritional value the fastest, with spinach losing as much as 90% of its nutritional value within the first 24 hours after harvest. Leafy greens can be grown quickly and require very little space or water, especially in an indoor farm that utilizes vertical farming practices.
Don’t miss the excellent Keynote video “The Economics of Vertical Farming” by HENRY GORDON-SMITH, Agritecture Founder and Managing Director, and sustainability strategist now playing at our Greenroofs & Walls of the World™ Virtual Summit 2019 with Free Registration through the end of January 2020.