Invest in Our Economy April-June 2022 Invest in Our Economy April-June 2022 | Page 2

HIGHLIGHTS

Bowery Farm Coming to Arlington

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“ The addition of Bowery ’ s Arlington farm to our network is a critical next chapter in our growth ,” said Irving Fain , Founder and CEO of Bowery Farming . “ It will expand our reach and ability to be a reliable and sustainable source of local produce for more communities . We ’ re leading the next generation of agriculture , and this new location further accelerates our momentum .”
By opening a smart indoor farm in the Dallas-Fort Worth-Arlington area , a rapidly growing technology and manufacturing hub , Bowery will create more than 100 year-round green jobs .
Bowery ’ s smart indoor farms grow local , pesticide-free Protected Produce 365 days a year , regardless of weather conditions .
Based in New York City , Bowery is the largest vertical farming company in the United States .
In 2021 , Bowery doubled revenue and opened Farm X , a state-of-the-art innovation hub for plant science in Kearny , New Jersey . Bowery ’ s produce is harvested year-round at peak freshness and is delivered to stores within a few days of harvest — a stark contrast to the 90 % of leafy greens grown in the U . S ., which are transported over 3,000 miles across the country . Within this new farm , Bowery ’ s Protected Produce will reach a new region of the U . S ., advancing the company ’ s goal of expanding access to local , traceable ,
pesticide-free food to people in every major city of the U . S . and around the world .
As an economic development incentive , the City Council voted Feb . 8 to reimburse 35 percent of the This farm will feature a number of City ' s portion of ad valorem business industry-leading developments that personal property tax revenue build on Bowery technology , further generated by the company for a automating the growing process from seven-year period . The City will also seed to store , and enhancing the waive the building permit fees for efficiency of Bowery ’ s network : the cost of installation of equipment , machinery , and furnishings within the
• Renewable Energy South Cooper Street building . These
• Water Conservation incentives are designed to help Bowery Farms offset costs associated with
• More Efficient LED Lighting retrofitting the industrial building and
• Smart Farm Powered by BoweryOS making necessary infrastructure-related improvements .

Ann ’ s Health Food Center & Market Open in Downtown Arlington

On April 8 , Ann ’ s opened at 101 Center in the heart of downtown . The original location in Wynwood Village has blossomed into locations in South Dallas , Waxahachie , and now Arlington . The store offers large selections of vitamins , supplements , organic & natural grocery , body care , and more . Ann ’ s is a fourth generation family owned business and has operated since 1984 with the focus of being in business for the community ’ s health . Since opening , Ann ’ s has donated over $ 30,000 in food to Mission Arlington , with plans to continue weekly donations . The UTA Food Pantry will also benefit from food donations from Ann ’ s . The store hosts quarterly events for the community on health or nutrition .