Prosperity Industrial Park

Prosperity Industrial Park – Investment-Ready Industrial Land for Agri-Food and Advanced Manufacturing

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.

The 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.

The 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.