Red Deer, Alberta:

Sylvan Lake:

Sylvan Lake is a town in central Alberta, Canada. It is located 25 kilometres (16 mi) west of the city of Red Deer along Highway 11 or Highway 11A. It is situated on the southeast edge of Sylvan Lake, a 15 kilometres (9 mi) long freshwater lake, in Red Deer County.

The lake is a popular destination for tourists from around Alberta, with over 1.5 million visitors each year. Popular tourist activities include sunbathing, swimming, water-skiing, and visiting the local Wild Rapids Waterslides.

Town of Penhold:

The Town of Penhold is located approximately half way between Red Deer and Innisfail. Roughly 13 km south of Red Deer on Highway 2A, and the junction of Highway 42. It is a small growing bedroom community with a population of 1,961 (2006 stats). The

potential for future growth is definitely there, making Penhold an ideal Town to invest in for future development. With its proximity to the city of Red Deer and the town of Innisfail, Penhold enjoys the advantages of a small town without lacking any of the amenities of a large city.

Infrastructure is in place to handle growth on many levels with land annexed and zoned for industrial, residential and recreation not to mention commercial. Industrial and commercial growth should be considered imminent in my opinion. Penhold lies on Highway 2A a short drive from Red Deer and the Red Deer Regional Airport. Penhold is a few short kilometres from Highway 2, and is bordered to the north by Highway 42. Great access for larger trucks and commuting. Land values are typically 20% lower for a comparable lot in Red Deer.