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US (NY): Indoor farm is a "success" but enough to find a buyer?

In summer 2024, the City of Glens Falls made operational a smart, indoor hydroponic farm lon the third floor of 22 Ridge Street, above the Farmacy Restobar. The project, funded by a $96,000 Smart Cities Innovation Partnership grant and in development since 2020, primarily grows basil to distribute to local restaurants.

The cultivation setup avoids soil, using materials like vermiculite and coconut fiber to support plant growth. Despite initial enthusiasm, pandemic-related challenges, high material costs, and safety issues, its launch and increased expenses were delayed. With less than $10,000 remaining, the city now seeks a sustainable future for the farm.

Glens Falls' economic development director, Jeff Flagg, highlighted the farm's financial viability but acknowledged the need for a transition. He is working with the Glens Falls Local Development Corporation (LDC), WarrenEDC, and other local organizations to explore public-private partnerships or a community-focused ownership model. The city also received a grant from National Grid to measure energy efficiency and reduce operational costs for potential future operators.

While the pilot project successfully demonstrated the farm's functionality, there is no concrete plan yet for its next phase. Flagg preferred a use that prioritizes community benefit over private ownership. The city aims to pass the project into hands that can maintain its innovative and community-centric vision.

Source: Poststar (Firewall for EU residents)

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