Title
Acheson Area Structure Plan Project Update and Market Analysis Findings
Proposed Motion
That the Acheson Area Structure Plan Project Update and Market Analysis Findings be received for information, as presented.
Body
Recommendation by Administration
Administration supports the proposed motion.
Purpose
Administration’s update provides a summary of key project milestones, including the timeline, work completed, Stage 1 engagement summary, and upcoming engagement activities for when the draft plan is complete.
Summary
Administration has completed several key milestones for the project, including a technical Market Analysis for the entire Acheson Area Structure Plan (ASP) boundary. The Market Analysis will be used to inform future policy updates and direction for development to ensure Acheson remains a competitive economic hub within the region. The study identifies historical development trends, a current market analysis, key market findings, and considerations for future policy changes.
Strategic Plan:
Alignment with 2026-2029 Council Strategic Plan:
D1: Advance community economic development by attracting new investment and promoting the community’s unique assets to strengthen long-term economic growth.
D2: Enhance Parkland County’s investment-ready conditions by improving planning and development processes, encouraging investment, and supporting sustainable industrial and commercial growth.
Financial Impact:
Cost: 0.00
Source of Funding: N/A