Ground work preparations are well underway in the Energy Business Park east of Gasoline Alley.

Servicing nearing completion at Energy Business Park

You can add Energy Business Park to the list of industrial parks in and around Red Deer. Servicing of the approximately 43-acre parcel on the east side of Gasoline Alley in Red Deer County is nearing completion, with paving expected to occur early next spring.

You can add Energy Business Park to the list of industrial parks in and around Red Deer.

Servicing of the approximately 43-acre parcel on the east side of Gasoline Alley in Red Deer County is nearing completion, with paving expected to occur early next spring.

Scott Milne, development co-ordinator with Centron Real Estate Development & Construction, the Calgary-based project manager, said conditional subdivision approval for the property was obtained earlier this month. One of the 19 lots has already been sold, he added, with the purchaser planning to build a multi-bay industrial condo.

“For the rest of the site, we have a mix of business service industrial lots from one to three acres, and we see those as anything from multi-bay projects to a single-owner building for any type of trade or energy service company.”

Some of the lots are also designated for commercial use, said Milne.

“Anything from hotel to retail to RV dealers.”

Some development of the property occurred prior to the economic downturn, before stalling. The current owner, Vancouver-based Gasoline Alley Holdings Ltd., acquired the site in 2009, said Milne.

“We feel it’s the right time to get the land out there for sale.”

Located east of Petrolia Drive and south of Willow Street, Energy Business Park will have easy connections to Hwy 2.

“Access is probably the most prominent feature of it, and second would be visibility,” said Milne.

The listing agent for the park is Salomons Commercial, with the owner willing to lease on a build-to-suit basis or sell, said Milne.

hrichards@bprda.wpengine.com

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