The BMI Group has completed the acquisition of the former Prince Albert Pulp Mill.

A news release from the mayor’s office in Prince Albert describes the acquisition as the first real opportunity in nearly two decades to retool the mill’s infrastructure for next-generation opportunities.

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. Once a cornerstone of the regional economy, the site will be readied to support the next generation of industry and logistics.

The goal for the mill is to have BMI lead collaborative initiatives that connect the repurposing of the mill site with regional growth which it says needs a strong base that depends on a strong community which includes new housing, public spaces, and local amenities help attract and retain the workforce needed.

Prince Albert Mayor Bill Powalinsky, “Repurposing the former pulp mill site is not just about revitalizing an underutilized property; it’s about strengthening our local economy, creating new opportunities, and positioning our community for long-term growth.”