Through the process of adaptation to macro and microeconomic disruptions, commercial real estate has begun transitioning to meet the future needs of the populace. Developments and buildings that once served a specific purpose, are being tested as society shifts around new work, live and play models. Through analysis and feasibility studies, many are beginning to take risks and think outside the box to determine alternate uses for their assets, through adaptive reuse and redevelopment. One such use that is catching the eyes and ears of analysts and decision makers, is the concept of vertical, indoor farming. This concept has been discussed for many years, but only now is getting to a point where it is economically viable and able to compete with traditional farming methods.
Could vacant office towers or underutilized malls lay the future foundation for vertical farms?
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