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2025 starts strong for development in Sioux Falls
2025 starts strong for development in Sioux Falls

Yahoo

time08-04-2025

  • Business
  • Yahoo

2025 starts strong for development in Sioux Falls

SIOUX FALLS, S.D. (KELO) – The City of Sioux Falls ended 2024 by surpassing over a billion dollars in construction valuations for the fourth year in a row. And even though we're only one quarter into 2025, it looks as though the City might continue that trend. 'Last year we were at about $160 million after the first quarter and we're ending this quarter at $229 million so that's quite a significant bump from last year,' Chief Building Official Neil King said. King says the big growth is coming from the commercial side with high-dollar projects like CJ Foods and Silencer Central. There's also the big addition at the Avera Campus that's coming in at over $31 million. Woman beaten and robbed near Sunshine Foods 'Kind of an odd thing for this quarter is commercial additions and remodels are, those have taken a significant jump in the past,' King said. 'They're actually leading and usually they're behind the new commercial and new construction but they're actually leading in the quarter one, so that's kind of an anomaly there.' As for the residential side of development, those numbers are down but King says it's common to see that when commercial projects are up. 'And it is the winter. Nobody likes building a house in the winter,' King said. 'People start getting excited in the Spring after the Parade of Homes and the Home Show. So I definitely expect the residential to jump up in the summer and the Fall is usually where we see a big jump for residential too.' King believes the city will easily have another billion-dollar year. 'It's exciting, you know, because it just shows we're still the Midwest and Sioux Falls,' King said. 'We're a good community, we work with people, people want to come here and invest in the city of Sioux Falls. It's exciting. We're going to keep growing, I think.' King says there are currently 821 single family homes under construction and over 2 thousand apartment units. Another big commercial project is the new building for the Sioux Falls City and Light Division, which is expected to break ground this Spring. Finishing high school not with a bang, but with a spark Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Governor Rhoden begins his ‘Open for Opportunity Tour'
Governor Rhoden begins his ‘Open for Opportunity Tour'

Yahoo

time18-03-2025

  • Business
  • Yahoo

Governor Rhoden begins his ‘Open for Opportunity Tour'

SIOUX FALLS, S.D. (KELO) — Now that the legislative session in Pierre is over, Governor Larry Rhoden is ready to travel around the state. Monday morning, the Governor, First Lady Sandy Rhoden and Lt. Governor Tony Venhuizen toured the Silencer Central headquarters in northern Sioux Falls. The company is expanding and the group looked at the the construction site and the existing headquarters. 'Kind of a niche product like silencers, the magnitude that they went, we looked at a hundred million dollars of inventory sitting in one spot and that kind of blows my mind.' Cimpl halts harvest operations in Yankton Silencer Central's founder says having the governor tour the growing business is special. 'We feel honored, we are excited he supports economic development, and also in the firearms space, we are the largest firearms manufacturers within hundreds of miles form here so we are excited he picked us to come to first,' said Brandon Maddox. Rhoden says this is the first of many stops he has planned in the state. The Open for Opportunity Tour will highlight economic development efforts, give the Governor a chance to learn about different community needs and help them find opportunities. 'It's important for me to get a feel for industry in South Dakota,' said Rhoden. 'And look around this facility ad talk about numbers its incredible the economic development that is represented right here in this one location in Sioux Falls so its important to get out and see the progress we've made and the possibility for expansion in the future.' Both the Governor and First Lady purchased suppressors for their guns and filled out the proper paperwork with the help of Silencer Central staff. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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