Action Plan for Pillar 3: Land Development

Investment attraction is about ensuring institutional structures are streamlined to make the process of land selection and acquisition easy for investors while following required legislation; providing an accurate inventory of available investment properties; and ensuring there is adequate infrastructure and land to satisfy projected demand.

For population and employment growth, it is paramount that Vegreville provides an adequate future supply of commercial and industrial land. A new commercial subdivision has recently been completed as has an Industrial Area Structure Plan. With these components expected to come online within the coming year, Vegreville can now look to investment attraction opportunities. With moderate to low population growth expected in the near-term, an emphasis should be placed on industrial development, which may attract interest in relocation to Vegreville among its commuting labour force.