The potential is certainly there. As well as liberating land for wildlife, there can be zones used for growing food using agroecological farming methods, which can also provide habitat for a variety of wildlife & locations for housing.
FYI, when you write "research has shown" please provide a weblink too that research, so that people that haven't read the relevant research & or science-based report can read it.
Fundamentally, mono-industrial farming is unsustainable.