Well, it isn’t for real in the sense that there is actually a vertical farm out there somewhere that you can go visit. They are still in the planning stages. It is argued that the technology needed to create such a facility exists, but the details must be carefully figured out. A proposal was made in 2001 that is currently being actualized and hopefully we will get to see one of these interesting structures soon.
Here are a few proposed models of what these farms may look like:
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