BMI Group Acquires Former Prince Albert Pulp Mill to Spark Regional Renewal and Community Growth

BMI Group, a leading Canadian developer of legacy industrial properties, has acquired the former Prince Albert Pulp Mill, aiming to transform this dormant site into a hub for regional renewal and community development. The 2,331-acre site features extensive industrial space, rail access, and substantial power capacity, positioning it as a strategic asset for resource processing, logistics, and emerging bio-economies in Saskatchewan. BMI’s approach integrates industrial redevelopment with community revitalization, emphasizing partnerships with local governments, First Nations, and stakeholders. Initiatives include new housing, public spaces, and amenities to attract and sustain workforce growth. This acquisition marks the first major opportunity in nearly two decades to retool the mill’s infrastructure, reflecting a commitment to inclusive growth and long-term resilience. Local leaders and Indigenous communities express strong support, signaling a promising future for economic diversification and sustainable development in Prince Albert.