A section of land along Highway 303 has been launched as the newest energy park in the Lloydminster region.
Horizon Energy Park had its official ribbon cutting late last week, and members from the RM of Wilton and staff of the Energy Park were on hand to cut the ceremonial ribbon.
John Radostits, president of the Horizon Energy Park, said that the new energy park has been years in the making.
“We are located off Highway 303, and Range Road 3273, in the RM of Wilton. We are about a kilometre from the Husky upgrader and about four kilometres from the city of Lloydminster,” he said.
“We have been working on this industrial subdivision for the last three and a half years, and we are happy to have (Friday, Nov. 7) as the day we have our grand opening of Phase 1 of the project.”
Radostits said that the park is set up in three phases.
“We are launching Phase 1 right now, although we are almost 50 per cent sold out of Phase 1,” he said.
“The lots are anywhere between one to three acres in size. If someone wants a larger portion, then it becomes like Lego blocks and they can just buy a number of lots and put them together.”
Radostits said that the executive of the energy park hopes to have the park full of people providing services to the energy field.
“We think that with the proximity of Highway 303 and (Highway) 16, it will be a good transportation area.”
Energy services are not the only companies looking at the the new energy park, Radostits explained.
“We have logistic companies coming and looking at the park as well. We have logistic guys looking at the lots for potential assembly.”
Radostits said that when he and his partner met with the RM of Wilton 3.5 years ago, there was only a small energy park in the RM.
“Looking at the trends that were happening in the energy industry, we thought there was a large demand for another energy park,” he said.
Radostits added that he continuously heard from energy companies about the reduced inventory of land to expand.
“So we thought there was an opportunity for a park with lots of this size.”