CTPark Amsterdam City as VF production centre

Added on 03 October 2023

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CTPark Amsterdam City as VF production centre

NETHERLANDS – CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has agreed a deal with vertical farming company Growy for 4,750 sqm of warehouse and office space at CTPark Amsterdam City, the pioneering 120,000 sqm last mile multi-layer building in the Western Docklands district of Amsterdam. At CTPark Amsterdam City, Growy will build a full-scale urban farm for food production and the office will house its international headquarters in a location close to Schiphol Airport.

Growy has developed high-tech, AI driven indoor farms to grow efficiently high-quality leafy greens. The company is based in Amsterdam and has farms in Singapore and Kuwait. Its purpose is to grow next-level healthy, tasty, and affordable food for all, without being a burden to the environment. Looking for a partner that could support its international expansion plans while reflecting its sustainable credentials, CTPark Amsterdam City’s location in the heart of the Netherlands’ central infrastructure, its proximity to a densely populated residential area, the amenities that are provided and the sustainability benchmark it will set for emission-free logistics, made it the ideal choice for Growy’s long-term commercial ambitions.

Growy’s 4,750 sqm lease at CTPark Amsterdam City comprises 3,578 sqm of warehouse space, 679 sqm of office space and 477 sqm mezzanine, a considerable investment in space that will enable the company to construct a large-scale, commercial vertical farm, as well as its international headquarters. The company’s commitment to providing fresh and nutritious produce that is completely pesticide-free is matched by its dedication to environmentally conscious practices. This includes the emission-free distribution operations that Growy will be implementing at CTPark Amsterdam City and the park’s close proximity to both water and road links, enabling Growy’s produce to be sustainably transported to the city of Amsterdam and surrounding areas.