Chestermere City council voted to accept another Letter of Intent for land in the city’s new Webster Industrial Park at the regular meeting of council Feb. 4.
“As a community, we are open for business and it’s great to see so much enthusiasm from the industrial sector,” said Chestermere’s Mayor Marshall Chalmers in a press release.
The letter covers 2.26 acres of the park and means that more than half of the industrial parks Phase I developable land has been spoken for by industry.
“We look forward to seeing a completed subdivision plan and associated costs of development in the coming months and bringing more non-residential development to Chestermere,” said Chalmers.
Work is ongoing on the park’s subdivision plan with a preliminary plan expected for this June.
The subdivision planning process includes outlining the engineering and infrastructure needs of the park, defining the sizes of lot, and the proposed grading for the sight.
The subdivision plan is required before development of the industrial park can begin.
Located at Range Road 282 and Township Road 240, Webster Industrial Park is the city’s first municipally development. It is being developed with the goal to increase Chestermere’s non-residential tax base.
Webster Industrial Park is expected to provide up to 1,500 jobs in the community and generate $1 million in tax revenue.