SIOUX FALLS, S.D. (KELO.com) — Last year, it took Sioux Falls 11 months to set a record of $1 billion in new construction.
This year, it might only take seven months.
The City of Sioux Falls reports that so far in 2022, it has received building permits totaling nearly $869 million dollars as of yesterday (Thursday).
This time last year the City issued over $492 million in building permits.
New commercial developments are the leading indicator for the increase in construction permits.
Click here to listen to Friday’s It’s Your Business with Bill Zortman to learn more details.
(Bill Zortman, KELO.com News, contributed to this report.)
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