Michael Erickson, the city’s director of economic development, said the last four years has seen 1.4 million square feet of industrial completed and absorbed in St. Albert.The City of St. Albert is working toward creating an area structure plan for the west end of the city, which will include the Lakeview Business District. The area will help expand the industrial space in St. Albert to allow for more businesses in the community.
The scarcity of industrial property in the region and the high demand for the space is driving the city to focus on building more space for businesses to set up shop, said one expert in St. Albert’s economic development department.
Michael Erickson, the city’s director of economic development, said the last four years has seen 1.4 million square feet of industrial space completed and absorbed in St. Albert.
“To put that in context, that’s about a third of the city’s entire industrial inventory that has been added in the last four to five years,” Erickson said.
In the past few years, St. Albert has seen large corporations open, including the Alberta Liquor Gaming and Cannabis building in 2018 and the Uline branch distribution facility — a 600,000-square-foot space set up in the Anthony Henday Business Park (AHBP)
The AHBP is also adding two new buildings, Erickson said, both slated to start construction this year, which together will offer around 400,000 square feet.