1.6 Vertical Farming Conclusion

Vertical Farming in the United States:

The vertical farming sector is growing rapidly in the U.S

• It has a predicated Compound Annual Growth Rath (CAGR) of more than 24% between the time period of 2018-2024. • Where afterwards it is expected to reach a networth of $3 billion annually, taking into account the vertical farming business becoming better established..

By comparison, the total U.S. “traditional based” sourcing of fresh fruit and vegetable industry is currently worth over $104 billion annually.

According to one account: "Shoppers can now find produce grown indoors by more than 23 large vertical farms in more than 20 supermarket chains, in nearly every major metropolitan area in the country."

However: • The industry remains highly leveraged, sparking concerns for its future viability. • When survival depends on expansion of storage & produce procurement. Expansion means greater capital investment and potential land rates. Which is causing problems for existing Vertical Farms when they began planning additional production facilities.

Conclusion:

While the vertical farming market continues to make inroads in the U.S., TheAsian-Pacific countries are well ahead of the curb and leading the way.

• Japan perhaps has seen the most success of any country, by boasting 200 large-scale “farming as manufacturing” plant factories

• China has another 80 mass producing Vertical Farms in operation.

• Japan, however has an estimated 60% of vertical operations being unprofitable.

• Even though Vertical farming is a very small segment of the market, it is growing rapidly and is anticipated to hit $5.8 billion by 2022, with the greatest gains happening in theAsia-Pacific region.

• Vertical farming technologies are still relatively new. Companies are yet to successfully produce crops at scale and make it economically feasible to meet the growing food demand.

• The performance of farms like “AeroFarms” in the USAwill determine how important a role vertical farming will play in the future to face the challenge of growing food demand, in the developed world.

• It is also worth noting, however, that technologies developed for vertical farms are also being adopted by other segments of the $300 billion indoor farming sector, such as greenhouses, which can utilize natural sunlight, albeit requiring much more real estate and longer routes to market.

• Space-Tech Industries are also showing keen interest in the technology.As many of its components can be utilised in future space missions; either as orbital flights or potential colonisation missions. Fig 17:Areofarm, USA. Fig 18 Martian Hydroponic Concept. Fig 19:Space hydroponic Concept.

Fig20: Skygreens, Singapore. Fig 21: Spread, Japan Fig 22: Sunqiou, China

2.0 Site Justification: 16

2.1 Site location 17

2.2 Site Justification 18

2.3 Nottingham Regeneration Mission statement 19

2.4 Nottingham Regeneration vision for the waterfront 20

2.5 Nottingham City’s Transportation Links 21

2.6 Land Planning & Policies Document 22

2.7 Aligned Core Strategy Document 23-24

2.8 Proposed Development Schemes 25

2.9 Previous site Conceptual Designs 26

Fig 23: Map of United Kingdom.

Waterside Development Regeneration Scheme: Site Location.

Located within the heart of England, my proposed site will be situated in the Waterside along the north bank of the River Trent, in between the Nottingham-Beeston Canal to the east and Trent Lane and Riverside Crescent to the west. Daleside Road and Meadow Lane, form the northern boundaries beyond which is the residential area of Sneinton, and the wider Waterside focused around the “Eastcroft Energy Waste Plant” and the County football ground.

Across the River Trent are the communities of Lady Bay and West Bridgford, within the Rushcliffe Borough. The Nottingham Station Hub is approximately 2km from the centre of Waterside.

The site is known as SR73 - Waterside development. Within the Nottingham City’s Land & Planning Policies; Local Plan pt II. (Jan 2020) document..

SITE USAGE: COMMERICAL & RESIDENTIAL DEVELOPMENT: The proposed site consists of a number of existing low storey industrial units & commercial properties. As well as a former inland harbour feature.

With the access to A612, via Poulton Drive. The site allows riverside frontage, along with newly developed residential scheme along the River Trent.

PLOT SIZE: 9.01 HEACTRES:

The overall site is 9.01 Hectares. • 90,100 m² • 22.26 Acres

My Proposed site. • 21, 918 m² Situated along the River Trent, within the “Trent Basin” development scheme. PLOT DEVELOPMENT: PROPOSED USAGE:

Residential (C3)

• Family Housing

Education (D1)

• Non-Residential

Institutions

Retail (A1 & A3)

• Small call convenience • Café / Restaurant Fig 24: Nottingham City - Google Maps

Fig 25: Site Location SR73 Waterside Development - Google Maps.

210

Fig 26: Trent Basin Waterside Development, S.EAerial View. Fig 27: Trent Basin Waterside Development, N.WAerial View. Fig 28: Nottingham’s ACS Development Plan.

FUTURE DEVELOPMENT PROPOSALS:

ALIGNED CORE STATEGY:

The Greater Nottingham City Aligned Core Strategy. Has outlined the Northern bank of the River Trent, as part of the Nottingham City’s Water Front Development scheme.

With the Inclusion of:

• 3000 plus family accommodation.

• Suitable commercial business & Community hubs to facilitate the development of the area & future proof its continued growth as a vibrant hub of the Nottingham

City.

• A New and Improved NET routes in & around the waterside development.

• A proposed green corridor to allow Walking & Cycle routes along the River Trent’s frontage. With the potential scope at additional crossings to the south bank.

What does this all mean for my Site within Nottingham?

• The site has been earmarked to be an upcoming riverside community with a centralised heart focusing on sustainability & family properties that will face onto the River Trent. • The inclusion of Residential developments along the river-frontage, with a possible 10m wide green corridor for pedestrians & cyclists to enjoy. • Allowing greater access to a natural environment & water sports facilities. • An improvement to local commercial areas, along the Daleside Road leading into the area of

Sneinton. • A vastly improved logistical connection, with the inclusion of an extension of the Nottingham

East Midlands Transit route having multiple stops within the area. • The reduction in vehicle access to the Riverside. By implementing pedestrianised only zones.

Waterside Development Regeneration Scheme: Site Location.

Located 2.6 miles from the city centre, the site contains the following features:

• Assorted commercial & Industrial businesses that cater for many differing needs. Mainly along the

Northern boundary (Daleside Road) and the Western Boundary (Poulton Drive).

• Flo-Skate park: An indoor community building, that houses an indoor skate-park for local residents of Nottingham & the adjoining areas. Providing a secure & safe environment for people to learn or practice their hobby in an all-year round facility.

• An existing inland harbour, that was originally utilised for the local Industry of the City.

• Atemporary solar farm & battery unit, that has been built in conjunction with the neighbouring residential development as apart of a sustainable housing prerogative by Nottingham City council.

• The finished phase 03 of a five stage residential development, that is to be situated along the River Trent’s embankment. Utilising the Inland harbour feature of the site as a key feature, to create a series of modern & sustainable family housing for Nottingham City Council.

Fig 29:Nottingham City Councillor Jon Collins “Mission Statement” - Extracted from Nottingham City Councils Regeneration Brochure 2018.

Fig 30: Nottingham City Council areas of development - Extracted from Nottingham City Councils Regeneration Brochure 2018.