Strong Fundamentals
- Competitive land prices
- Competitive non-residential property tax (30+% lower than Edmonton)
- No Machinery or Equipment Tax
About Lakeview
Prime industrial and commercial land in St. Albert, adjacent to Edmonton. Unparalleled access to major transportation, a thriving business environment, and beautiful natural surroundings. 600 acres of opportunity await you.
Page Contents
Our Vision / Community Statistics / Why Lakeview? / Overview Video / FAQs
Our Vision
Lakeview Business District envisions St. Albert as a premier employment hub where “The Future Works Here”. We're committed to creating 5,000 jobs, diversifying industry, and fostering sustainable growth.
Community Statistics
73k
St. Albert 2024 Population
Enjoy the benefits of a growing city with a strong sense of community. St. Albert's population has increased by nearly 10% since 2018, reaching almost 73,000 residents. This thriving community provides a welcoming atmosphere, access to a substantial consumer market, and a readily available workforce within the 1.5 million-person Edmonton Metropolitan Region, creating ideal conditions for business success.
$136k
St. Albert Median Income
St. Albert residents enjoy a high quality of life, with strong purchasing power and a thriving local economy. Residents have considerable financial flexibility With a family income of $136,000, significantly exceeding Alberta's median of $96,000. A well-educated population fuels this prosperity, with 44% holding some form of post-secondary education compared to the provincial average of 39%. It's no surprise that St. Albert consistently ranks as one of the best places to do business in Alberta, bolstered by advantages like high-speed internet access that surpasses many other municipalities in the province.
1.5m Sq Ft
Industrial Space Absorbed since 2021
St. Albert's booming industrial sector has seen rapid absorption of existing space, driving the development of the new Lakeview Business District. This expansion ensures the city can continue to attract and support businesses in key sectors like advanced manufacturing, cleantech, health and life sciences, agribusiness, and logistics.
Choose St. Albert
Why Lakeview?
Integrated transportation networks
- Adjacent to major interprovincial trade routes
- CANAMEX Trade Corridor Edmonton
- Close proximity to the CN intermodal terminal
The St. Albert Advantage
- Fastest permit times in the region
- Progressive, business-friendly municipality
- Development Accelerator Program
Overview Video
The video situates the new Lakeview Business District within Western Canada, the Edmonton region and St. Albert, and its proximity to key transportation and utility corridors. It shows aerial views of the District, a zoning map, and population projections for adjacent neighbourhoods. It includes music but not narration.
What types of businesses will call Lakeview home?
A diversified industrial base centered on light and medium industries, with supportive commercial elements. Sectors will include advanced manufacturing and production facilities, health and life sciences, food and agriculture, global supply chain, AI & deep technology, and logistics.
There are two defined areas within Lakeview — light/medium industrial zones and commercial/retail zone. North of the rail along township 540A and Ray Gibbon Drive will offer supportive commercial services, and south of the rail line to Meadowview Drive is intended for industrial type businesses. For permitted and discretionary uses please reference the proposed land use map and land use resources page.
Are there existing utilities?
The St. Albert West Area Structure Plan details future water, sanitary and high-speed Telus internet servicing plans for the Lakeview Business District.
For development north of the rail line, utility services are currently available and can be pulled directly from the north. Additional utilities include an ATCO Gas high-pressure line and a transmission line for heavy electrical power.
When will servicing begin in Lakeview?
The City of St. Albert will be front-ending the servicing and road infrastructure in Lakeview. Preliminary engineering has already started with engineering and design planned to be completed by 2026. The next phase of construction will commence in 2026/2027.
Is there a rail connectivity in Lakeview?
There is a CN rail line that flows through the top end of the district and connects to the Intermodal yard in Edmonton. There is a possibility to create a smaller rail spur to the northwest at an additional cost.
Are there parcels of land available for sale?
There are various owners of the lands in Lakeview Business District, both privately owned and municipally owned. Please contact us for further details.
Is St. Albert offering any development incentives?
A development accelerator program (DAP) has been created which is a reimbursement-based incentive tailored to encourage early-stage development. The program will offer up to $110,000/acre for land development and construction of industrial and commercial buildings in Lakeview Business District. The program will be ready to receive applications starting in January 2026.
Have questions? Reach out!
Andrew Blackburn
Investment Attraction, Lakeview
Phone: 825-523-4542
Email: ablackburn@stalbert.ca
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