Planting concrete, an eco-friendly concrete in which plants can grow directly, has been widely used in roof greening and the slopes of rivers. Porosity and compressive strength are important indicators for evaluating the properties of planting concrete. By preparing planting concrete with different aggregate gradations (10–30 mm, 20–40 mm) and water–cement ratios (0.25, 0.27, 0.29, 0.31, 0.33), the effect of aggregate gradation and water–cement ratio on the porosity and compressive strength of the planting concrete was analyzed, the intrinsic relationship between aggregate gradation and plane pore parameters was studied, the strength growth pattern and microscopic strengthening mechanism were studied, the relationship between porosity and compressive strength of the planting concrete were explored, and a tall fescue planting experiment was carried out to evaluate the plantation performance of the planting concrete. The results show that under the same conditions of water–cement ratio, the smaller the particle size of the aggregate, the smaller the porosity of the plane, and the denser the structure. The average diameter of the planting concrete shows an exponential relationship with the porosity of plane. The early growth of the compressive strength of the planting concrete is rapid; the compressive strength has a linear relationship at the ages of 7 days and 28 days. Compared to polynomial and logarithmic functions, the exponential function gives a better insight into the relationship between the porosity and compressive strength of the planting concrete. Tall fescue seeds germinate and grow well; height, cover, and leaf rootstock and element content of plants can be used as indicators to assess the performance of vegetated concrete planting.