Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Alberta & Prairies  + Industrial  | 
GoodLeaf has officially opened its Calgary vertical indoor farm.

Calgary Indoor Farm Officially Opens

GoodLeaf has officially opened its Calgary vertical indoor farm.

Recent reports pegged the total investment as $52 million. It was previously reported to be $56 million.

The facility is the largest of its kind in Canada, and the first in Western Canada for GoodLeaf, a subsidiary of Bedford, N.S.-based TruLeaf.

The province provided GoodLeaf with $2.73 million in financing. Global engineering firm Stantec designed the development and Edmonton-based Fillmore Construction Management oversaw completion.

The farm is located in an industrial park on 108th Avenue S.E. and will produce about one million pounds of fresh leafy greens annually, according to GoodLeaf.

Barry Murchie, the company’s CEO, said it plans to double the facility capacity in the not-too-distant future, Postmedia reported.

Image: GoodLeaf

(Connect CRE will hold its inaugural Canada Kick-off Event in Toronto on June 11. This will be Connect’s first commercial real estate industry conference in Canada. Panelists will include Syl Apps, managing director and co-country head for Hines; Lindsay Brand, chief investment officer at Concert Properties; Mark Kenney, CEO of Canadian Apartment Properties REIT; and, Marie-France Benoit, Avison Young’s director of Canadian market intelligence. Come and gain insights from industry leaders on such matters as market sentiment amid a lower interest-rate environment, cross-border commercial real estate trends, and the outlook for 2024 and beyond. Register today.)

Connect

Inside The Story

GoodLeaf FarmsStantec Calgary

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Development
  • ◦Financing
  • ◦Policy/Gov't
New call-to-action
New call-to-action