Sioux Falls, SD (KELO AM) - The City of Sioux Falls announces that the mixed-use development, including private development and a new public parking ramp announced in June, is taking a step forward.
After continuing negotiations with the developers selected for the project, both the City and development teams have determined the footprint for the project and have decided to place it entirely on the City-owned surface parking lot located at 110 South Mall Avenue. The Request for Proposal evaluation committee, which convened today, supports this position.
This designated footprint and project design will include all of the previously announced project elements. Final schematic design will determine the exact number of hotel rooms, apartments, retail spaces, and parking spaces.
“This is a key milestone in the project that will now allow schematic design work to begin in earnest,” says Darrin Smith, Director of Community Development. “We still have many months of negotiations and design work ahead of us and continue to pursue a goal of breaking ground in spring 2016. The selection of the footprint allows this project to stay on schedule.”
To see updated renderings of the project, and for more information, go to www.siouxfalls.org/parkingramp.