About Acheson Commercial Corner
Everest Group has an existing building in Acheson Commercial Corner, which will be retrofitted for the purposes of Micro Cultivation.
Acheson Commercial Corner is a 37-acre commercial, retail, and sports destination site located in the Acheson Business Park, West Edmonton. Located at the intersection of two major highways, over 90,000 vehicles pass by the site each day. The site is 25 minutes from downtown Edmonton and is a 5-minute drive from the Edmonton ring road.
Our existing building is 19,200 sq. ft. with a future expansion potential of 12,000 sq. ft. TerraCann Limited Partnership I will invest in “Bay1” which has a footprint of 4,400 sq. ft. and contains 200 m2 (2,152 sq. ft.) of cultivation space which is expected to produce between 690 and 1,380 pounds per year over 5 harvest cycles, for total projected gross revenues between $0.73 million and $2.30 million annually.