The discovery of oil and the subsequent oil and gas rush of Alberta literally put Devon on the map in 19471. More than a half century later, Devon again seems poised to remain a leader in the Province, with a strong commitment launched in 2015 to be Alberta’s first net-carbon-neutral community by 2050. Historical industry growth and development of different sectors has traditionally centred on Devon’s strengths in the oil and gas sector, but at its core is a strong and growing knowledge sector, representing the key to the future.
While Devon provides a range of services to its residents and the surrounding rural community, its commercial sectors have faced challenges from south Edmonton and Leduc, which have larger retail shopping opportunities. The industrial sector has also grown to its capacity, and the town faces challenges from existing business parks in Nisku and Acheson.
In thinking of community development, Devon has adopted a ‘slow and steady’ approach, with Council now exploring future residential and local commercial opportunities at the east end of the community. At the same time, interest has been expressed to increase the supply of industrial land, possibly to the west of Highway 60.
See the full Town of Devon Economic Development Action Plan here.