Monday, February 22, 2016

Vertical farming's biggest story of the year!



A company has leased several 100 foot silos to try their hand at true vertical farming. The company is being very cautious and rightfully so. Most of the time when you read about vertical farming, the operation is a few feet tall, at most 2 stories. If cities are ever going to be able to sustain themselves, as vertical farming pioneers, architects and urbanists have dreamed, we'll need to cover whole buildings...fill a skyscraper or two would be helpful. And this is the biggest experiment to date on the planet, by a long shot. Keep your eye on this one in the coming months and years!!!

Five important things to know:

-Five year lease starting March 1, $42,000/year, which can be extended up to 35 years.
-24,650 square feet in total available; they are starting "small" with 1 silo.
-Hydroponically and aquaponically grown vegetables could be available as early as September.
-The silos have been leased "as is" and the company is responsible for cleanup (primarily asbestos, lead paint, spent rotting grain).
-The company will invest at least $500,000.

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