Partnership

Requests for Expression of Interest 

GROWING OLDS THROUGH PARTNERSHIPS:

Town-Owned Properties Seeking Expression of Interest  

The Town of Olds is inviting private and public partners to share expressions of interest (EOI) on how to use town-owned properties to support community priorities. We’re seeking businesses, organizations, and individuals with creative ideas and solutions that benefit our town and encourage local investment. 

 This website is to share available property for prospective private and public industry partners interested in providing EOI for how to make the most of underutilized property. 

The Town of Olds will consider partnerships that will maximize the use of these properties. Preference will be given to solutions that limit municipal investment, follow strategic priorities, and encourage local investment or growth.  

Potential Opportunities: 

The maps below shows locations of the available properties: 

Questions & Inquiries

Contact information for Chief Administrative Officer at caoadmin@olds.ca 

To see a list of investment-ready properties, please visit Invest Olds: Discover Investment Properties in Olds, Alberta

4829 50 Street - Former Fire Hall

Former Fire Hall (4829 50 Street)

What’s Happening?

  • The Town intends to enter into lease agreements with local non-profit organizations to repurpose the building into a community service hub. At present, the Mountain View Food Bank, Community Lending Shelf, and the Coats for Everyone program plan to start using this space starting in 2025.

Why?

  • This property is a Brownfield site (underground contamination) that limits its resale value. In addition, with zoning changes envisioned in the 2014 East Olds Area Redevelopment Plan, it is no longer a suitable location for previous uses like automotive, autobody, or light industrial businesses.

4825 51 Street - Former Public Works Shop

Former Public Works Shop (4825 51 Street)

What’s Happening?

  • In December 2024, after several months of engagement and volunteer coordination, Council approved revitalizing this space as a Men’s Shed and Community Arts Hub. Over the next 1 – 2 years, the Town will support volunteer efforts to turn this space into a gathering place for social interaction and artistic projects.

Why?

  • Much like the former Fire Hall, this property is also a Brownfield site and is within the 2014 East Olds Area Redevelopment Plan boundary, making it no longer a suitable location for uses like automotive, autobody, or light industrial businesses. A community need was identified and matched to this building’s potential. Engagement efforts confirmed dozens of interested volunteers to explore this initiative.
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