On October 9, 2015 the management of EcologiCiti will have a telephone conference with potential investors and their advisors about the firm’s prospects. I have arranged for Alfred University to have access to this call.
Locally grown foods in urban areas is well-established and accelerating across the country and indeed in countless urban areas around the world. Greenhouses come in many varieties: indoors, outdoors, in soil, on cloth and hydroponically and grow a large number of foods: tomatoes, herbs, corn, squash, grasses, sunflowers, and on and on.
Most have been fairly small operations focusing on one market segment. But EcologiCiti is super-sizing that vision with a vertical farming center concept that challenges the existing norm.
EcologiCiti plans to design, build, finance, and operate the nation’s first vertically integrated sustainable urban food center using indoor Hydroponic and Aeroponic farming with the financial savvy and assistance of BuildFarms, a company that pairs energy efficient real estate expertise with cutting edge technologies to start and fund urban farming initiatives.
These facilities will be developed in urban brownfield sites (usually a 10,000-20,000 sq. ft. facility) installed indoors and in rooftop greenhouse component in the New York Tri-State area. EcologiCiti expect to grow up to 100 tons of premium-quality leafy greens, basil, arugula and berries each year for sale to local retail and restaurant markets.