News & Budget
Town leases the waterfront, July 28, 2025
To make these projects possible, the Province of Alberta and Town of Sylvan Lake have entered into a Lease Agreement through 2050. The lease area covers:
- Over 18 ha of the lakefront north of the retaining wall, including sand and water
- Extends from 34 Street to Lighthouse Park at the mouth of the marina, and varies from approximately 50 m to 175 m into the lake
"This is a landmark moment for Sylvan Lake. After years of hard work and collaboration, I’m thrilled to see our Departmental Miscellaneous Lease approved — the first of its kind in Alberta. A heartfelt thank you to our MLA Devin Dreeshen, and everyone who helped get this across the finish line. We’re now better equipped to bring our vision for the waterfront to life and continue building a community that’s deeply connected to our lake." Megan Hanson, Mayor
Why?
To better manage and provide a safer experience for Sylvan Lake residents and the hundreds of thousands of park visitors who come to boat, swim and enjoy the lake
Budget
Each project has its own budget and phases. Some may be completed over multiple years, we post budgets as projects start.
Public day mooring
- Budget 2025: $65,000-$70,000, Construction
- Funding Source: Capital funding tax dollars(External link)
- Progress: Installation July 30, 2025
Accessible ramp
- Budget 2025: $50,000, Construction
- Funding Source: Capital funding tax dollars(External link)
- Progress: Construction. September 2025

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