Sioux Falls building and construction enjoying banner year

SIOUX FALLS, S.D. (KELO AM) - Sioux Falls is on pace to have a record-breaking year for building permits.   

     Director of Planning and Building Services Mike Cooper says valuation to date has reached nearly 447 million dollars.

     Cooper says residential construction values have skyrocketed.  He says the city is just under a total of 1,600 news housing units including single family homes and apartments.  Cooper says going back 20 years, from January through August, it's the highest number the city has ever seen.              

     Cooper says the Denny Sanford PREMIER Center, the Hilton Garden, Costco and Glanbia Nutritionals are investing millions in Sioux Falls.

     Of the current building projects valued at $10 million, or more, four are projects supported or recruited by Sioux Falls Community Development.