Discover Olds:

Your Industrial Land & Property Destination

Total Industrial Land & Property

Industrial Opportunities in Olds: Foundations of Tomorrow

Please note the above is not a conclusive list of property for sale or lease in Olds. We also have local property owners who are interested in selling but are not ready to list publicly. To source this option please fill in the Investor Property Requirement Form and a local realtor or Invest Olds will contact you.

Development Overview by Land Use District

DistrictPurposePotential Developments
I1Light Industrial District - this is the district in which almost all industrial development in Olds exists.Warehousing, light manufacturing, maintenance shops, greenhouses, automotive services, repair services, equipment rentals, freight yards, fleet services, kennels, bulk suel and supply stores, and others.
I2Heavy Industrial District - Unused since the early 2000s, this is the district that would be used for any uses that are more noxious or polluting than standard industrial parks allow.Heavy manufacturing, feed mills, seed cleaning plants, railway uses, and most uses from the I1 district.
IBIndustrial Business District - similar to I1 but specific for developments adjacent to residential properties. Intended to act as a buffer between typical industrial development and residences.Animal services, automotive repair and service, cannabis retail, business support services, fitness centre, office support services, taxi services, and many uses listed in I1.
DC4Direct Control - this is a site specific district on the western end of Imperial Way that is similar to IB but where Council is the approval authority. May be rolled into IB in Bylaw rewrite.Business support services, equipment rentals, fitness centre, funeral homes, light manufacturing, offices, repair services, auto sales, warehousing, veterinary clinics, greenhouses.
DC7Direct Control - this is a specific district for cannabis production facilities. This district will likely get dissolved in the upcoming Land Use Bylaw rewrite and rolled into I1.Cannabis production and distribution operations.

Note: the district and potential development lists shown are non-comprehensive. For a full overview of the Town’s land use districts and their permitted and discretionary uses, reference the Land Use Bylaw.

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Current Listings for Industrial Development

Where Dreams Meet Development Potential

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Housing Needs Assessment (HNA) - Town of Olds

HNA Overview:

  • The HNA aims to address the town’s evolving housing needs, with a focus on introducing a broader range of housing types.
  • There’s a marked emphasis on multi-family housing solutions, including duplexes, townhouses, apartments, and condos.
  • The study encompasses the entire municipal boundary of the Town of Olds, home to an estimated 9,200 residents.

Population & Growth Dynamics:

  • The Town of Olds has witnessed consistent population growth, with forecasts indicating a continued upward trend.
  • This growth underscores the pressing need for diversified housing options.

Demographic Insights:

  • The town is experiencing a demographic shift with a rising percentage of residents aged 65 and older.
  • This trend emphasizes the demand for senior-friendly housing solutions.

Current Housing Landscape:

  • The predominant housing type in the Town of Olds is single-detached homes, making up 61% of all dwellings.
  • Notably, average home prices in the town are on the higher side when compared to similar Alberta municipalities, pinpointing a potential gap in affordable housing options.

Key Takeaways:

  • Housing Needs: A clear demand for diverse housing forms to cater to the town’s growing and aging population.
  • Housing Priorities: Addressing the need for both senior-specific and affordable housing options.

Dive Deeper: Download the full Housing Needs Assessment for a comprehensive understanding of the housing landscape and future opportunities in the Town of Olds

Latest News in Residential Development

Breaking Ground: Stay Updated with the Latest News in Residential Development

frequently asked questions (FAQ)

There are many things to consider when building in the Town of Olds. The following are a list of frequently asked questions and answers, however, to apply for permits and obtained further details please visit https://www.olds.ca/permit-licence-applications

The Interactive Development Map (GIS Map) is a great tool for realtors, property buyers, developers, etc., to help them find what utility lines, land use, Area structure plans, and so much more.

1. Fill out the application forms and submit all required plans to the Planning Department.

2. If you will be digging, request locates. Locates must be available on-site while work is being done.

3. If the project is commercial, complete a fire safety plan. This is not required for residential projects.

4. An invoice will be e-mailed to you for permit fees and security deposits. All fees must be paid before the permit is issued.

5. Depending on your project, it will be reviewed either by staff or by the Municipal Planning Commission (MPC).

6. If the permit requires a decision from the MPC, there is a 21-day appeal period.

7. If your permits have been approved, you will receive them along with a Plan Review. This is an overview of what has been approved and will describe when an inspection is needed.

8. Inspections will be performed by our certified Safety Codes Officer.

9. After work is completed to Town standards, any security deposits will be returned to you.

In some cases, a Development Officer or the Municipal Planning Commission may be able to grant a relaxation. You will need to fill out a Relaxation / Variance Form.

Once the Approval Authority makes a decision, there is a 21-day appeal period. Appeals can also be made to the regional Appeals Board. This is a separate group serving 18 different municipalities in Central Alberta.

Simple permits can be approved in a week by Planning & Development department staff. If your permit needs to be reviewed by the MCP, meetings are held once a month (on the third Tuesday of the month).

You have one year from the day your Development Permit is issued to complete the work.

An off-site levy is a fee charged by the Town to help pay for expanding municipal services, such as water, sewer, and roads.

Town Of Olds bylaw – Offsite Levies Schedule

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