Simplified: Last year, building permits exceeded $1 billion for the first time in city history, and this year, permits filed so far are valued at around $770 million – and the year's not yet halfway through.
Why it matters
- It's no secret Sioux Falls is growing, but the building permit numbers give the city a solid metric to see the rate of growth and where the growth is happening.
- That $770 million includes some big projects – like Cherapa II, the Steel District and Harrisburg's new middle school – but even still, it's likely another record year, said Jeff Eckhoff, director of planning and development services with the city.
- There's also significant growth on the residential side, with close to 2,500 units permitted as of Friday, Eckhoff said. Compare that to 3,100 residential permits in all of 2021 and 2,700 in all of 2020.
"We're so far ahead of previous years," Eckhoff said.
What happens next?
It's too soon to say definitively that the city will set another record, but all signs point to another billion dollar year.