Major Land Acquisition in Acheson
Parkland County is pleased to announce the next exciting phase of development in the Acheson industrial area with a major land acquisition that will set in motion the creation of the West Link Business Park. Today, Panattoni Development company along with Fiera Real Estate Investments Limited announced the purchase of 152 acres in Acheson along Highway 16A.
“We warmly welcome further investment and development in the Acheson Industrial area,” said Mayor Allan Gamble. “We’re excited for the creation of the West Link Business Park, and we will continue to do all we can to support our growing business community in Acheson, the industrial heart of our County.”
As one of the largest industrial areas in western Canada, Acheson is already home to over 420 commercial and industrial business, and over 10,000 employees. Not only is Parkland County’s low tax environment a major component as to why people choose Acheson, the access to major transportation corridors makes it a desirable logistics hub.
Parkland County has made significant investments in Acheson, including over $40M invested in Engineering projects alone over the last five years, including road, water and storm line upgrades. The County intends to invest an additional $18-$20M within the next two years to further enhance servicing and accessibility to the Acheson area. Through prudent budget decisions, Parkland County remains in a strong fiscal position. Proof of the County’s pro-business approach is the minimal 2.78% increase in the municipal tax levy, the lowest increase in the Edmonton region.
For more information, please contact:
Communications
communications@parklandcounty.com