Downtown Development to Bring Over 100 New Daycare Spaces to Vegreville
Vegreville, AB (November 5, 2024) – The Town of Vegreville has finalized the sale of commercially zoned land at 4846 50 Avenue to Edmonton-based developer Build Bright Homes.
The planned development will feature three separate commercial buildings, including a retail space (yet to be leased), a drive-through franchise restaurant, and a daycare spanning over 7,000 square feet. This daycare will provide more than 100 additional childcare spaces for Vegreville, addressing a critical need in the community.
“I’m incredibly excited to see this new development come to fruition. Finding a solution to Vegreville’s daycare space shortage has been a priority for Council and administration over the past several months. This development will not only help address the shortage but will also be a beautiful and key addition to our downtown core. On behalf of Council, I’d like to thank Mr. Sharma and his entire team for their critical investment in our community.”
____
Tim MacPhee, Mayor, Town of Vegreville
“We’d like to thank Mayor MacPhee, Vegreville Town Council, and the Town’s administration for being so accessible and easy to work with throughout this process. The Build Bright Homes team was, and remains, delighted with how quickly this deal came together. The Town’s efficient permitting process, along with the ability to directly reach key personnel – including Mayor MacPhee – made investing in Vegreville a pleasure.”
____
Kuldeep Sharma, President, Build Bright Homes
The purchase price for the property is $200,000. Groundwork on the plaza, which will feature precast insulated wall panels with engraved architectural details, is expected to begin in the coming weeks, with an estimated completion date in summer 2025.
# # #
About Vegreville: Home to the World’s Largest Freestanding Pysanka (Ukrainian Easter Egg), the Town of Vegreville is located about 100 kilometers east of Edmonton and conveniently adjacent to Highways 16 and 36, two of Western Canada’s major transportation corridors. A friendly and thriving community, Vegreville has positioned itself to become a future hub of Agriculture and Industrial Business thanks to its proximity to major cross-continental highways, access to TELUS PureFibre internet and the now under construction Prosperity Industrial Park.
MEDIA INQUIRIES
Layne Quickstad
Community Engagement Coordinator, Town of Vegreville
lquickstad@vegreville.com
