Strengthening Regional Industry
- Investor: Business EQ
Located along the North Saskatchewan River, the 2,331-acre former Prince Albert Pulp Mill includes more than 900,000 square feet of industrial building space, direct rail access, and up to 130 megawatts of available power.
BMI's acquisition of the property, which closed October 31, 2025, marks the first real opportunity in nearly two decades to retool the mill’s infrastructure for next-generation opportunities.
Once a cornerstone of the regional economy, the site will be readied to support the next generation of industry and logistics, advancing Saskatchewan’s resource, energy and emerging bio-economies.
From left: Kelvin Winge: Prince Albert Mill Site Manager, Jason Collins: Corporate Development Officer, Bill Powalinsky: Mayor, Prince Albert, Justus Veldman: Partner, BMI, Patty Hughes: CEO, Prince Albert Chamber of Commerce, Steve Neufeld: Manager, Technical & Quality Control, Bioveld North.
A Community Ready to Grow
Drawing on its integrated expertise across residential, hospitality, and industrial development, BMI will lead collaborative initiatives that connect the repurposing of the mill site with regional growth. The company’s approach recognizes that a strong industrial base depends on a strong community, where new housing, vibrant public spaces, and local amenities help attract and retain the workforce needed to grow Prince Albert.
BMI’s approach begins with community. At every site, the company works closely with local governments, First Nations, local residents and regional partners, to shape a shared vision for renewal—one that reflects local values, honours history, and creates lasting social and economic benefit. This collaborative model has been key to BMI’s success in transforming legacy industrial lands into inclusive hubs for housing, industry, and innovation across Canada.