AGRIBUSINESS: Something Old Made New Again

Is the zeitgeist right for ‘agrihoods’?

Would you rather invest in a golf course community or one where valuable property is profitably used to grow food?

“Agrihoods” are gaining steam as an alternative real estate strategy targeting affluent, younger demographics that are jazzed by the prospect of living and raising families among nature and abundant, organic food sources.

According to the Urban Land Institute, there are now about 200 “agrihoods” in more than 30 states across the United States, with such developments increasingly popping up not just in rural areas but also in proximity to major cities. ULI defines agrihoods as “single-family, multifamily, or mixed-use communities built with a working farm or community garden as a focus.”

Read the full article from Site Selection here.