The Riel Industrial Park broke ground on its third and final phase of development on Thursday, November 23 at a ceremony outside Hemp Oil Canada.
The 95-acre industrial park, located at the intersection of Highways 75 and 305 just west of Ste. Agathe, has seen tremendous growth in recent years.
The final lots of Phase 2 were sold earlier this year to Flying J and Winkler-based Delmar Commodities. The new phase is being opened to meet continued demand for space in the park.
This expansion will see 25 lots available in the spring, 20 of which are zoned for light industrial and five highway-front lots which are zoned commercial.
Overall, five of the new lots have already been sold. The remaining lots are priced from $97,150 to $219,675, depending on acreage.
Key services include hydro, natural gas, municipal water and sewer, telephone, internet, and access to both the CN Rail line adjacent to the park and Highway 75, a mid-continental trade corridor.
“What we opened today was another phase of the Riel Industrial Park in Ste. Agathe,” says Ritchot Mayor Chris Ewen. “That means more growth, more investments into the community in this area as well as the municipality, as well as bringing new industrial-type businesses here and employment from all over Canada and even the world.”
The industrial park was first envisioned as part of Ste. Agathe’s rebuilding efforts after the inundation of the flood of 1997.
Full sellouts of the first two phases of development have driven this latest expansion.
