World’s largest indoor vertical farming facility to be built in Virginia

Governor Glenn Youngkin announced Sept. 14 that California-based Plenty Unlimited Inc. will build the world’s largest indoor vertical farming campus, a $300 million investment in Chesterfield County’s Meadowville Technology Park.

The company recently secured $400 million in a Series E financing round, the largest investment to date for an indoor farming company. Plenty has developed the world’s most advanced indoor farm, powered by the company’s more than 200 patent assets, to efficiently and sustainably grow clean, flavorful produce year-round on its more than 30-foot grow towers.

Plenty will complete its Richmond Farm Campus in multiple phases over the next six years, creating more than 300 full-time jobs. The company’s first farm on this site, a dedicated Driscoll’s berry farm to be completed by winter 2023-2024, will be the first to grow indoor, vertically farmed strawberries at scale.

Virginia successfully competed with five other states for the project, which further advances the Commonwealth’s reputation as a leader in the fast-growing industry of Controlled Environment Agriculture.