Industrial
Saskatoon Land offers serviced industrial land for businesses that are ready to build, expand or relocate in Saskatoon.
Available parcels can accommodate light and heavy industrial uses, with sewer, water, utilities, curbs and paved road access provided to the property line. Purchasers are responsible for completing private service connections within their site.
Our industrial properties are selected to help businesses operate efficiently and stay connected to customers, suppliers and employees. Located near key transportation corridors, Saskatoon Land industrial sites provide convenient access to markets throughout Saskatoon, Saskatchewan and beyond.
Marquis Industrial
Saskatoon Land currently has industrial parcels available in Marquis Industrial, within Saskatoon’s north employment district, one of the city’s largest employment areas.
Marquis Industrial is home to a broad mix of industrial and commercial activity, including light and heavy industrial uses. Its location provides businesses with access to major roadways and transportation networks, helping support the movement of goods, equipment, employees and customers.
Whether you are establishing a new operation, adding capacity or planning for future growth, Marquis Industrial offers a practical, well-connected location for your business.
Industrial Listings
Explore available Saskatoon Land industrial properties for light and heavy industrial development.
Each listing includes the information needed to assess your next site, including:
- Sales map and parcel location
- Zoning information
- Servicing details
- Pricing
- Terms of sale
- Available lot dimensions and property details
View current industrial listings to find a site that fits your operational needs and growth plans.
Industrial Land Incentives Program
More flexibility for businesses ready to invest in Saskatoon.
Buying industrial land and constructing a facility are significant investments. The Saskatoon Land Industrial Land Incentives Program is designed to help qualifying businesses manage those upfront costs while establishing, relocating or expanding an operation in Saskatoon.
Eligible businesses may lease industrial land from Saskatoon Land through a long-term agreement at a low monthly rate. The lease rate is based on the City of Saskatoon’s cost of borrowing plus 1% and is locked in for 10 years, providing greater cost certainty as your project moves forward.
Qualified lessees also have the option to purchase the land at the market value in effect when the lease agreement is signed.
To qualify, the lessee must commit to beginning construction on site improvements within three years of entering into the lease agreement. To exercise the option to purchase, the building foundation must be complete and appropriate to the nature of the business operation.
Industrial Land Incentives Terms and Conditions
Term: 15 years, with option to renew for further 5 years.
Rate: City of Saskatoon’s 10-year debenture rate plus 1%. Rate is locked in for the first 10 years and then adjusted to the higher of (a) the new 10-year debenture rate plus 1% or (b) the current lease rate.
Option: The agreement contains option to purchase clause that allows purchase of the land at the market value in effect at the time of entry into the lease agreement. Option cannot be exercised until a building foundation is in place.
Improvements: Lessee must start construction on improvements to the land consistent with the nature of their operation within three years of entry into lease or the lease may be cancelled.
What You Need to Apply
To apply for the Industrial Land Incentives Program, the prospective lessee must submit a business plan that contains, at a minimum, the following details:
- background Information on the company.
- prospects for Saskatoon (including current employees and future expected employees).
- future growth plans.
- financing plan for building construction (letter from bank if already approved).
- estimated size of building and its location on the site.
- site and elevation plans for the building.
- estimated build timeline.
- plan to exercise the option to purchase under the lease.
Based on the business plan provided, Saskatoon Land will determine whether the applicant meets the objective of the policy and is eligible to enter into a long term lease.
The lease is assignable. However, please note that prospective assignees will be required to submit a letter to Saskatoon Land detailing the same information as the initial applicant to verify that they also meet the objectives of the policy.
Additional business incentives are available through (SREDA) Saskatoon Regional Economic Development Authority.