The Special Areas Board and the Town of Oyen are working together to bring new life and economic opportunities to the Oyen rail yard.
The Oyen Rail Yard and Logistics Park Project is a 155 acre multi-phase economic development project managed by the Special Areas Board, the Town of Oyen and the Palliser Economic Partnership. Phase 1 of this project will develop the existing railyards located on the north edge of the Town of Oyen into a logistics park capable of managing up to 2500 cars annually, bringing in and shipping out a variety of materials ranging from specialty agricultural products to industrial construction project components. Estimated costs of the initial phase are $2.1 million and includes upgrades to existing rail, construction of new rail and initial site preparation.
The initial phase of this project will be underway this month, with the rehabilitation of the existing tracks and the establishment of new anchored tenants in the rail yard. The next phase of the project will include the development of the larger logistics park area.
Initially investigated as an economic viability study by Palliser Economic Partnership, this project attracted significant interest from private sector companies. Once developed, the Oyen Rail Yard and Logistics Park will position this region as an intermediate transportation hub in Western Canada.
Iron Horse Energy Services - a private, Canadian pressure pumping company focused on coiled tubing fracturing - has selected Oyen as the site of a new frac sand distribution center. Oyen's location is ideal to support the expanding development of energy resource plays in Alberta and Saskatchewan.
CN will provide service and work with the Special Areas Board and the Town of Oyen to bring the Oyen Rail Yard and Logistics Park Project on-line, supporting it as a new transload facility in the region.