51 Avenue & Range Rd. 144, Vegreville

Located on the east side of Vegreville, Alberta, the Prosperity Industrial Park is a premier location for agriculture-based manufacturing and processing. This fully serviced 72-acre industrial park offers flexible lot sizes starting at just $50,000 per acre, making it one of the most affordable and investment-ready industrial sites in Alberta. Prosperity Industrial Park is ideal for hemp and flax fibre processing, plant protein production, food manufacturing, and other agri-value-added industries seeking reliable access to raw materials, transportation routes, and skilled labour. Strategically positioned with excellent highway access, the park connects your business to key domestic and international markets: Highway 16 (Trans-Canada Yellowhead Highway) – a major 4-lane east-west corridor that links Vegreville directly to the Port of Vancouver for global shipping and Asian market access. Highway 36 – a vital north-south trade corridor, just 21 kilometres east of Vegreville, that provides efficient connections to the U.S. and Mexican markets. In addition to the exceptional land value of $50,000 per acre, the Town of Vegreville has demonstrated its strong commitment to being business-friendly and investment-ready. In 2023, Town Council unanimously passed a Machinery & Equipment Tax Exemption Bylaw, delivering significant long-term cost savings and tax advantages for manufacturers, processors, and investors establishing or expanding operations in the park. Prosperity Industrial Park in Vegreville offers the perfect combination of affordable shovel-ready industrial land, strategic transportation access, and pro-investment municipal incentives, making it the ideal choice for businesses looking to grow and thrive in Western Canada’s agri-food and value-added manufacturing sector.