Plenty, an indoor vertical farm and agriculture startup, has plans to build a 95,000-square-foot warehouse, equivalent to 700 acres of farmland, in Los Angeles County, reported CNN.
The Compton site will be the company's second and largest vertical farm. Plenty opened its first vertical farm in San Francisco in 2018, and maintains a research and development farm in Laramie, Wyo.
The new farm will be complete by the end of 2021, Plenty said, and will service more than 100 grocery stores in California.
The indoor vertical farm market continues to grow. Another company expanding its footprint is Eden Green Technology, which broken ground on a new vertical farming greenhouse, next to its R&D greenhouse in the Dallas–Fort Worth Metroplex. Existing investment partners are investing $12 million into Eden Green Technology as part of the development deal. The new 1.5
