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Foundations
2015 Sioux FallsEconomic Development Progress Report
This has been a year of laying foundations for a brighter future.
Our organization exists for the purpose of building for the future. But seldom in the sixty year history of the Sioux Falls Development Foundation have so many innovative foundations been laid to facilitate the future growth of our regional economy. In addition to participating in another record year of growth in Sioux Falls during 2015—our third record-setting year in a row—the Development Foundation pursued a wide range of new initiatives.
Economic development succeeds through partnership, as local government, businesses and development organizations work together toward the goal of prosperity. This year, the Development Foundation forged new partnerships, working with SAB Biotherapeutics on strengthening a vital and growing industry for ourcommunity. We also partnered with the Technology Business Center, Forward Sioux Falls and the University of South Dakota on the USD Discovery District, an opportunity zone sharing a campus with the Graduate Education and Applied Research Center near University Center. These high tech connections will play a critical role in the technology future of Sioux Falls. Near the Discovery District is Campus Crossing, the Development Foundation’s exciting new commercial area for northwest Sioux Falls and home to a new Walmart store.
Perhaps the most dramatic and forward-looking strategy for our organization this year was the announcement of Foundation Park, the state’s first economic development megasite. Created in partnership with the Governor’s Office of Economic Development, the City of Sioux Falls and Forward Sioux Falls, the 820 acre development lies at the intersection of Interstates 90 and 29. With the potential to create thousands of new jobs and millions in new capital investment, Foundation Park is the largest investment the Development Foundation has ever made in the future of Sioux Falls. We think it’s also one of the best investments we’ve ever made.
We’ve only begun the process of laying foundations for the future. This past year has been a vivid example of what partnership, innovation and community spirit can do. Here in Sioux Falls, the excitement is building!
From your Chairman
Scott Lawrence
200 N. Phillips Ave. #101
P.O. Box 907
Sioux Falls, SD 57101
Our mission: To be the leader in creatingPage 2
2015Board of Directors
Scott Lawrence, Lawrence & Schiller, Chairman
Dale Froehlich, Prairie Winds Capital, Vice Chairman
Dr. Charles “Pat” O’Brien, Sanford Health, Secretary *
James Soukup, Soukup Construction, Inc., Treasurer *
W. Tom Simmons, Midcontinent Communications, Past Chairman *
James Abbott, University of South Dakota
Burke Blackman, Egger Steel Company *
Rob Everist, L.G. Everist, Inc.
Pam Hanneman, First PREMIER Bank
Paul Hanson, Sanford USD Medical Center
Dr. Pam Homan, Augustana University
Mike Jamison, TSP Inc. *
Craig Johnson, University Center
Tom Kelley, Gage Brothers Concrete Products Inc.
Ben Kyte, Citi
Ross Ortman, Dakota Digital, Inc. *
Jay Rasmussen, Journey Group Companies
Mark Schmitt, John Morrell & Co.
Steve Statz, Avera
Colleen Stratton, PREMIER Bankcard
Jim Wilcox, Xcel Energy * Denotes Retiring Board Member
Ex-Officio Members:
Dick Kelly, Commissioner, Minnehaha County
Darrin Smith, City of Sioux Falls
World-class businesses are looking for world-class sites—and the Sioux Falls Development Foundation announced the creation of the state’s first industrial development megasite:Foundation Park in northwest Sioux Falls. Created in partnershipwith the Governor’s Office of Economic Development, the City ofSioux Falls and Forward Sioux Falls, the 820 acre FoundationPark lies at the intersection of Interstates 90 and 29. Within minutes of the Sioux Falls Regional Airport and fully served by the BNSF railroad, the new development park is at a regionaltransportation crossroads. Foundation Park’s size allows for maximum economic advantage by spreading infrastructure development costs over a large footprint. Phase I of the development is zoned for larger projects, many requiring rail service, while Phase II is reserved for a single mega-project.
Sioux Empire Development Parks, CampusCrossing & Foundation Park Statistics
Number of Businesses . . . . . . . . . . . . . . . . . . . . . . . . . . 140Total Acreage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,171
Sioux Empire Development Park VIII received the Governor’s Office of Economic Development
Certified Ready Sites designation.
From left to right, Pat Costello, Scott Lawrence, Mayor Mike Huether, Slater Barr, Governor Dennis Daugaard and Dave Rozenboom at the announcement
celebration of Foundation Park, June 2, 2015.
Foundation Park is South Dakota’s First Megasite
Page 3quality economic growth in the region.
The Sioux Falls Development Foundation announced a $3 million equity investment that will help Sioux Falls-based SABBiotherapeutics grow its unique disease-fighting platform.
SAB Biotherapeutics, Inc. is a biopharmaceutical company on the leading edge of innovation, developing natural technologiesthat have the potential to transform the treatment and preventionof diseases from cancer to Ebola, and diabetes to influenza.
The equity position in SAB has the potential to provide futurefunding for the Development Foundation to continue its work indeveloping available sites, aiding the expansion of existing SiouxFalls regional companies and attracting new industry to the area.
The Development Foundation’s investment was facilitated bya State of South Dakota Future Fund grant intended to supportand encourage development of the state’s biotechnology sector.
Development Foundation invests in SAB Biotherapeutics
2015 National Marketing
GOED Commissioner Pat Costello, Development Foundation President SlaterBarr and SAB CEO Dr. Eddie Sullivan jointly announced the investment in SAB.
Outreach1 National trade show attended
2 C-Suite conferences
Lead Generation1,534 Companies contacted
411 Decision makers reached
32 Conference calls with executives
12 Face-to-face meetings
Building Relationships10 Site selectors hosted
1 Site selector luncheon1 Sioux Falls FAM Tour
17 Companies reached during a Twin Cities economic development blitz
Third-Party Endorsements
301 millionimpressions - earned
$1,283,000advertising equivalency - earned
62.8 millionimpressions - organic
$490,000advertising equivalency - organic
Page 4
Auto tech and diesel programs facility under construction at Southeast Technical Institute.
2015 at a GlanceYear to Date (January-October)
Total Value of Construction . . . . . . . . . . . . . . . . . . . . . $616,285,090 Number of Building Permits . . . . . . . . . . . . . . . . . . . . . . . . . . 11,289 Capital Investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . $380,000,000Jobs Created (January-September) . . . . . . . . . . . . . . . . . . . 2,200
South Dakota Technology BusinessCenter 2015 Highlights
The South Dakota Technology Business Centerserves as the resource helping innovators and entrepreneurs as they launch, grow and expand theircompanies in Sioux Falls. New SDTBC clients during thepast twelve months include: SynZyme/Nanoblood, Cloudcast, Nexus Smart Pay, My Advantage Link, OpenFields Recruiting, SGT, Johnke Farm Soy Candles andREMUDA Communications. The Center’s graduates increased to 24 companieswith Peppermint Clean Energy and Locals Love Usmoving to new locations. Six companies completed the Center’s 2015
Accelerator Challenge: Convene, IR Diagnostics, Sioux Falls Daily Specials, VRC Metal Systems and WeConnect U. Sponsored by Forward Sioux Falls andGOED through an SBA FAST Grant, the Accelerator Challenge helped these companies launch their productor service and grow sales. Participants were awardedmore than $86,000 in funding and two companies,VRCMetal Systems and Convene, had the opportunity to pitchfor angel investor funding at Innovation Expo. Since theaccelerator inception, 26 participants have received morethan $360,000 in funding.
Years in Operation . . . . . . . .12 Years on December 31, 2015Current Tenants . . . . . . . . . . . . 21 Companies, 8 Next Step/
Virtual Clients & 9 Service ProvidersGraduate Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24Jobs Created through 2014 . . . . . . . . . . . . . . . . . . . 728 FTEAverage 2014 Client/Graduate Employee Salary. . . $69,237Total Equity Funding Secured through2014 . . . . $172 millionPatents Awarded through 2014 . . . . . . . . . . . . . . . . . . . . . 65Patents Pending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
Page 5
Rendering of the 80-acre USD Discovery District.
SDTBC Statistics
The University of South Dakota Discovery Districtmoved into the implementation phase this year, as stakeholders including the South Dakota Board of Regents,the University of South Dakota, the City of Sioux Falls,Forward Sioux Falls, the Sioux Falls Area Chamber ofCommerce and the Sioux Falls Development Foundationlook to a new strategy for building the future.
The Discovery District has the potential to be a platform for bringing together a strong cross-section of the great research and commercial opportunities inSouth Dakota from around the world. The campus is amodel for global innovation and long-term investment inthe future of the region.
The first phase of road and utility infrastructure hasbeen designed, and construction of the 2,039 linear feet of street and utilities is underway. Currently, a feasibilitystudy is being conducted for the first potential new building.A need for pharmaceutical and biologic production spacewas identified during the master planning process. Thefeasibility study will evaluate the requirements of potentialtenants, model a facility design and construction costs and recommend strategies for developing and operating a facility.
USD Discovery District offers newstrategy for educational success
Hosted by the Sioux Falls Development Foundation
2015 Groundbreakings
Page 6
Sonya Sotomayor Elementary School, July 27
Great Life, Orthopedic Institute-D1 Sports Training, Sioux Falls Specialty Hospital and Sioux Falls Storm
athletic training and fitness complex, June 11
Southeast Technical Institute automotive repair trainingfacility, July 21
Hidden Hills Apartments, July 7
Dublin Square, May 11 Showplace Wood Products groundbreaking hosted byLincoln County Economic Development Association,
May 15
During the past year, the Interns in Industry programawarded 51 scholarships to deserving students whoserved internships in partner companies around SiouxFalls. In its 13th year, the program placed students withbanks, manufacturers, organizations and communicationscompanies, providing the students hands-on experience in a potential career field and businesses with excellentemployee candidates. In addition to connecting companiesand students, the Interns in Industry program helps promote Sioux Falls as a career destination and informsregion newspapers, through stories about the interns, ofthe wide range of job opportunities in the Sioux Falls area.
Page 7
Special Olympics Unify Center, October 14
Feeding South Dakota, September 9
Sanford Imagenetics, September 11
2015 Interns in Industry Statistics:
51internshipsoffered
387students 2014-2015 school year
200+business partners
275+occupational
choices
Interns from8states,1 foreign country.
$25,500scholarshipsawarded
16businesspartners
ShadowED offers career explorationOne of the best ways for a business to create a pool
of future workers is to showcase available opportunitiesto young students. For over a decade, ShadowED, a Forward Sioux Falls program directed by DevelopmentFoundation staff has placed students in area businessesfor a half day during the school year to explore and discover the opportunities that exist within that organization and career field.
The ShadowED coordinator serves as a liaison between the business and school participants, making job shadow arrangements a simplified process for bothparties. ShadowED arranges shadow experiences for approximately 400 students each year. Because of theprogram’s success, ShadowED receives strong supportfrom its 200+ business partners.
Partner High Schools� Lincoln High School� New Technology High School� O’Gorman High School� Roosevelt High School� Sioux Falls Christian High School� Washington High School
More than5,700 students have been affordedshadow opportunities through the program.
Industrial and WarehouseDevelopments
A-OX Welding Supply Co. Inc. relocated to the formerDakota Beverage building at 101 North Harlem Avenueearlier this fall. The facility provides additional room for the growing company that specializes in industrialmanufacturing and medical gasses.
Ag Growth International purchased land in the JansmickIndustrial Park for a new Hi Roller production facility. The 120,000 square foot facility, completed spring 2015,houses all production and office operations and represents a nearly $15 million investment. Approximately30 new jobs were created.
Dakota Millwork relocated/expanded into the formerGroomer’s Choice facility at 1501 North Industrial Avenuenear the Sioux Falls Regional Airport.
Construction was recently completed on a new 51,000square foot manufacturing facility along 60th Street Northfor Diamond Mowers. Building the new facility allowed operations to be consolidated into one building.
FedEx, located at 4401 East Producer Lane in Sioux Empire Development Park VIII, expanded their distributionfacility with a $1.2 million, 18,473 square foot addition.
Global Sterilization and Fumigation, a Nevada-basedbusiness specializing in a natural and organic alternativesterilization process, purchased the former Dakota Beverage warehouse. The company renovated the 29,000square foot facility prior to starting operations earlier thisyear. The company created approximately ten jobs.
Groomer’s Choice Pet Products, formerly known asSenproco, purchased 6.5 acres in the Jansmick IndustrialPark and completed a new 55,000 square foot facility earlier this year on Northview Avenue. The facility represents a $6.75 million investment and provides capacity to double the size of the building in the future.
Interstate Office Products constructed a 9,000 square foot warehouse facility in northeast Sioux Falls offof 60th Street North and Velocity Avenue.
Midwest Motor Express completed a $1.1 million expansion to their transportation facility at 2807 North First Avenue in Sioux Empire Development Park III.
Construction is nearing completion on Republic NationalDistributing’s new warehouse/office facility at 4101 North Potsdam in Sioux Empire Development Park IV.The 145,600 square foot facility will provide nearly triplethe space when the company relocates in early 2016 tothe $9 million facility.
Soukup Construction is in the process of building a new 30,000 square foot office/shop facility at 725 NorthEbenezer Avenue in northwest Sioux Falls. The companyplans to move into the $6 million facility in March of 2016.
TJN Enterprises opened their new facility on 25 acrespurchased from Xcel Energy along East Rice Street inSeptember. The new 66,000 square foot facility housestheir expanding metal recycling business. The $10 millionproject includes processing operations, storage and officespace. The company, with 40 employees and plans to hire more, will continue to operate the previous location as a retail and consumer drop off site.
Western Products opened a showroom at 3809 NorthFourth Avenue in Sioux Empire Development Park I inMarch. The North Dakota-based home improvement company is one of the largest in the Midwest.
Page 8
Ag Growth International’s Hi Roller production facility.
Republic National Distributing’s project in Sioux Empire Development Park IV.
Groomer’s Choice Pet Products’ new building in northwest Sioux Falls.
Office, Commercial & Medical Developments
Construction wrapped-up earlier this year on the new $5 million hotel located at the Sioux Falls Regional Airport.The AeroStay includes 79 rooms.
Grocery chain Aldi is opening a store in 23,000 squarefeet of the former Big Lots space at 2808 South Louise Avenue. The store is scheduled to open early 2016.
Avera wrapped up construction on the $25 million AveraPrince of Peace project earlier this year. The two-story,121,000 square foot facility replaced the former facilitywith private rooms and a wing of assisted living. AveraMcKennan Hospital expanded their NICU to 16,500square feet with a recently completed $7 million remodel;and site work is underway on a new clinic that will housethe state’s first free-standing emergency department at28th and Marion Road.
Badlands Pawn, Gold & Jewelry plans to open onThanksgiving Day. The $15 million, 55,000 square foot retail entertainment complex along Russell Avenue includes a foundry, radio station, deli and shooting range.Over 20 people will staff the retail and entertainmentvenue.
The Bakery opened in a renovated facility at 910 North Main Avenue in May. The building provides community space to bring students, mentors, entrepreneurs and businesspeople together.
Iowa-based Bank Midwest entered the Sioux Falls market in the nearly $2 million remodeled former Howalt McDowell building on Minnesota Avenue in July.
D1 Sports Training
Page 9
New senior living facilities on the Avera Prince of Peace campus.
The new AeroStay Hotel adds convenience at the regional airport.
D1 Sports Training will bring a wide range of athletic services to Sioux Falls.
Work wrapped up this fall on Co-op Natural Foods’$1 million expansion and remodel at 18th Street and Minnesota Avenue.
The Country Club of Sioux Falls, formerly Westward Ho,broke ground in 2014 on a new 35,000 square foot clubhouse. The facility was completed summer 2015.
A $5 million, 40,000 square foot training facility for D1 Sports Training, a franchised concept, is under construction in partnership with Orthopedic Institute andGreatLife Malaska Golf & Fitness. The facility is located on the northwest side of 69th Street and Southeastern Avenue with completion scheduled for spring 2016.
Construction was completed in April on Dataware’s new11,300 square foot, $2 million data center. The facility is located in The Edges office park development near the I-29 and I-229 interchange. Dataware is a division of Omnitech.
Marketing firm Epicosity is investing nearly $1.5 million inthe purchase and renovation of the former Good Shepardfacility at 300 North Main. At 10,000 square feet, the new location will provide triple the space for the growingfirm. Epicosity hopes to move into their new headquartersby the end of 2015. Continued on page 10...
Office, Commercial & Medical Developments
Construction continues on the Evangelical LutheranGood Samaritan Society national campus. An 84,000square foot, two-story office facility called the Ryan Building is under construction and scheduled for completion spring 2016. Major remodeling is underway on the Hoeger Building and the Jerstad Center will convert to offices as part of the $30 million project. GoodSam is also building a 32-unit assisted living center on thePrairie Creek campus scheduled to open summer 2016.
Work continues on the second grocery for FarewayStores at the southwest corner of 41st Street and SycamoreAvenue. The $3 million, 28,000 square foot store is scheduled to open early 2016, employing up to 80 people.
The first production brewery opened at 1400 East RoburDrive in northeast Sioux Falls. Fernson Brewing Companyoperates out of a 12,000 square foot facility housing a 30-barrel brewing system with seating for 95 in the taproom.
Billings-based First Interstate Bank opened a limitedservice branch at 4930 South Western Avenue earlier thisyear. The branch, with a dozen staff members, offers residential mortgages and construction loans.
Work wrapped up earlier this year on First Savings Bank’snew facility near 69th Street and Western Avenue. The $2 million, 14,000 square foot full-service bank will includeroom for some of the bank’s corporate staff.
An $800,000 renovation of The Foundry, the former Traditions Furniture building in downtown Sioux Falls, intoretail, office and lofts was completed in spring. The facilityhouses Duluth Trading Co., one of the area’s newest retailers, and the headquarters of Cega Innovations.
The first floor of The Plaza, the former CNA building, ishome to the downtown offices of Frontier Bank. Servicesat the bank’s second location are provided by six staffmembers. Pappy’s The Original coffee shop also openedearlier this year on the first floor along with WoodGrainBrewing Co.
By the end of 2015, roughly $20 million will be invested inarea golf courses and fitness clubs through GreatLifeMalaska Golf & Fitness Club, including improvements,renovations and an addition to Woodlake Tennis & FitnessCenter; a new 16,000 square foot $2.2 million clubhouseat Willow Run Golf Course, and numerous fitness facilitiesthroughout the region.
Historic Towne Square is the name of the new development encompassing the former School for theDeaf complex on East 10th Street. The development willhouse the corporate offices of Wheel City Auto in remodeled facilities; with plans for renovated apartments,a new strip mall and additional housing units in the works.
Construction continues on Journey Group’s new $5 millionheadquarters facility at 58th and Solberg Avenue in the Interstate Crossings office park. Employees will move intothe 22,000 square foot, two-story building early 2016.
Page 10
Expansion of the Good Samaritan Society national campus.
The Bluffs at Willow Run.
Foundry building in downtown Sioux Falls.
Journey Group’s new headquarters building.
The Marketplace at Lake Lorraine, a 130-acre development, is home to Sioux Falls Lighthouse andThe SandBar which opened earlier this year. The lighting/home furnishing store, and beach-themed restaurant, were joined by Mainstream Boutique and CornerstoneEye Clinic. The development will include Grand Living, a 200,000 square foot, 156-unit senior living, assisted living and memory care complex on 8.5 acres scheduledfor completion in 2017.
Metabank leased additional space at 6009 South SharonAvenue for their growing business with plans to create 50new jobs.
The former Illinois Central Roundhouse at Fifth and Weber is undergoing renovations and an addition, and will be home to the architecture and interior design firmPerspective. The facility will provide additional space forthe firm to grow as well as studio space for their artist-in-residence program.
Earlier this year, construction started on a new two-storyoffice building in the Three Fountains development near85th Street and Western. Developer RMB Associateswill relocate offices to the 31,000 square foot facility as will Paradigm Construction. Construction will wrap up summer 2016 on the $4-5 million facility.
Construction continues along 18th Street on the $30 million, 48,000 square foot Edith Sanford Breast Center on the Sanford campus, and ground was broken in September on Sanford Imagenetics. The 100,000 square foot, three-story facility will house various clinics, labs and research programs in addition to space for patient and community education. Both facilities should wrap up construction in 2017.
The Shoppes at Dawley Farm Village development, located near Arrowhead Parkway and Highway 11, features a 50,000 square foot, $6.6 million Burlingtonstore that opened in May creating 65 new jobs. A newlyconstructed 15,000 square foot retail center will housenew tenants including Massage Envy, Olive Destination,The Barbershop, Mainstream Boutique, Perfect 10 Nail & Beauty Bar and AT&T.
TownePlace Suites, a 92-room hotel at 6400 South Connie Avenue just south of 69th and Louise, recentlyopened.
Walmart broke ground earlier this year on its fourth Sioux Falls store at 85th and Minnesota Avenue. The $10+ million, 185,000 square foot facility is scheduled toopen early 2016. In addition, the eastside Walmart underwent a three-month renovation.
A new $3+ million office building for Zuercher Technologies was completed earlier this year in the Interstate Crossings office park. The nearly 29,000 squarefoot facility more than doubled the company’s space with potential for future expansion.
� � �
Page 11
The Marketplace at Lake Lorraine is home to a number of new businesses.
The Edith Sanford Breast Center rises on the main Sanford campus.
Zuercher Technologies in the Interstate Crossings office park.
4D Design & Consulting (West 57th Street); 9 Clouds expansion(Downtown), 9Round Fitness & Kickboxing (26th & Ellis Road);A-Team Training (Minnesota Avenue); Advanced Engineering &Environmental Services (57th Street); American State Bank(Downtown); Antiques on Old 8th (Downtown); Big Rig BBQ(Meadows on the River); Bogtrotters (Downtown); Burger King(60th Street North & I-29); Caribou Coffee/Einstein Bagels (East10th Street, 41st Street, Minnesota Avenue, Louise Avenue); The Barbershop (49th & Louise); The Clothing Agency for Men(Western Mall); CPM Fitness (Downtown); EAPC (9th & Min-nesota), Escape Float Spa (West 49th Street); Fiero Fire Chicken& Fiero Pizza (41st Street); Filly Flair Boutique (Pinnacle Place);Five Guys Burgers and Fries (49th & Louise); Futurescape 3DSolutions; GameStop (Arrowhead Parkway); Gateway Food &Lounge renovation (41st Street); Gil Haugan Construction addi-tion/remodel (East 60th Street North); Gilberto’s Mexican TacoShop (Minnesota Avenue); Heidi’s Decor & More (Western Mall);HobbyTown (Park Ridge Galleria); The Hockey Headquarters(Sanford Sports Complex); Hydra Beer Cos. (Meadows on theRiver); HyVee renovations (Minnesota Avenue, East 10th Street,57th Street, Louise Avenue, West 10th Street); J.H. & Sons(Downtown); J. Ella Boutique (Bridges at 57th); The Jacket Zone(41st Street); Jacky’s Restaurant (Benson Road); JL Beers(Western Avenue); The Keg (West 12th Street); KoKo FitClub(41st & Sycamore); Lemonly (Down-town); MacKenzie River Pizza, Grill &Pub (Downtown); Marco Pizza (41st& Sycamore); Mathnasium (Bridgesat 57th); Miller Funeral Home (81st &Minnesota); Modtro (Downtown);Moe’s Southwest Grill (41st & Western); Ode to Food & Drinks(Eastbank Downtown); Panda Express (Arrowhead Parkway); Pandora (Empire Mall); Pella Windows & Doors (85th & Western);PizzaRev (49th & Louise); Play ItAgain Sports relocation/expansion(Western Avenue); Red Robin (Empire Mall); Reliabank Dakota(West 57th Street); Robins Kaplan (Downtown); S.H.U.E.S.(Downtown); Say Anything Jewelry (Downtown); Silverstar CarWash (26th & Sycamore); Stan’s Clean-A-Can; TEKsystems (Bur Oak Place); Tokyo Japanese Cuisine (26th & Sycamore);Toppers Pizza (Minnesota Avenue); U-Haul remodel (West 10thStreet); Unglued (Downtown); Uptown Events expansion (Downtown); Urban Archaeology (Downtown); Verizon Store (41st Street); Woofs & Waves (Arrowhead Parkway); WorldwideSkate & Snow Shop (Downtown); Zing Interiors (41st Street); Z’Mariks Noodle Café (Minnesota Avenue).
Augustana University - Froiland Science Complex, $35 million, 41,000 square foot addition/renovation of the current science center
Catholic Diocese of Sioux Falls - $3.6 million Bishop Dudley Hospitality House
City of Sioux Falls - $5 million Elmwood Golf Course renovation; Midco Aquatic Center; Southern Vistas Park; Prairie Hills West Neighborhood Park; $1.16 million in improvements to Bryant, Burnside, Lacey, Tower Parks & Beadle Greenway; $31.5 million in sewer upgrades; Fire Station #11; Great Bear
Recreation Park improvements; Bike Trail
DakotaAbilities Longfellow Center -$2 million renovation of former Longfellow Elementary
Good Earth State Park at Blood Run - continuing development of the 588-acre state park
Feeding South Dakota - $3.9 million, 50,000 square foot facility on 6 acres
Habitat for Humanity - $1.4 million, 20,000 square foot ReStore expansion
Harrisburg School District - New $11 million elementary school Huether Family Match Pointe - $3.8 million, 50,000 square foot
tennis facility at the Sanford Sports Complex SculptureWalk - 55 new outdoor sculptures exhibited throughout
downtown Sioux FallsSioux Falls Area Humane Society - $1.2 million addition/remodelSioux Falls Regional Airport - $12.8 million project to include
elevator/escalators, additional security checkpoint lanes and office relocation; meditation/yoga area
Sioux Falls School District - $8 million Susan B. Anthony Elementary; $5 million Eugene Field A+ Elementary addition; $11 million Sonia Sotomayor Elementary Spanish immersion school
Southeast Technical Institute - $21 million new facility for expanding auto tech and diesel programs
Special Olympics - $2.1 million, 16,000 square foot Unify Center TeaArea School District - $5.2 million Frontier Elementary School Trail Ridge Retirement Community - $12 million, 40-unit assisted
living facility includes a wellness center, pool and kitchen; re-model of the former assisted living facility into a memory care unit
Veterans Affairs Medical Center - Women’s health center; patient/bathroom remodel; new operating rooms
VOA - Dakota’s - Cairn Campus, $1.5 million addition/remodel YMCA - Part of facility converted to 52 affordable housing units
Other Developments
Quality of Life Developments
Page 12
The Froiland Science Complexat Augustana University.
The Midco Aquatic Center currentlyunder construction in Spellerberg Park.
Susan B. Anthony Elementary School.
Ribbon cutting ceremonies were held at the new three-story, 47-room hotel in Hartford, the community’s first. The AmericInnopened earlier this year.
Badlands Motor Speedway, formerly Huset’s, is investing $6 million in speedway restorations, concessions, restroom andgrandstand refurbishing at their facility near Brandon. Badlandsplans to host additional races as well as concerts when complete.
C&C Manufacturing purchased one acre in the Corson Devel-opment Park and constructed a new 8,000 square foot facility.
Carl V. Carlson constructed the new 20,000 square foot Cemcast facility near Hartford to accommodate expanded services and the addition of pre-cast concrete pipe manufacturing.The company broke ground in May 2014 on the $5 million manufacturing plant and was fully operational earlier this year,adding approximately 20 new positions.
Carolan Rental expanded to a new 14,000 square foot showroom in the Harrisburg Industrial Park. The new facility provides additional room for the growing business.
Construction wrapped up on a $35 million dairy in Lincoln County west of I-29 and the Viborg Exit. Dakota Plains Dairywill be able to house 4,250 dairy cows and employ 35.
Dakota Traffic Services moved into a new $1 million, 10,000square foot facility in the new Tea industrial park over the summer.
G.A. Johnson Construction moved to a new $1 millionoffice/warehouse facility on Highway 115 between Sioux Fallsand Harrisburg.
Regional Developments
Page 13
Cemcast Pipe & Precast near Hartford.
GrandStay Hotel & Suitesopened a 50-suite hotel in June. The three-story hotel in Tea includes a pool, meeting room and bar.
Leeco Steel purchased eight acres in the Corson DevelopmentPark for a new 58,000 square foot steel distribution center thatrecently came on line.
Canton-based Legacy Electronics Inc. purchased their facilityand expanded their footprint to 42,000 square feet. The companyplans to add workers over the next three years.
Lone Star Enterprises, Inc., moved to a new 10,000 square foot facility in the Regional Livestock development located onHighway 18 at the Canton/I-29 exit.
Marmen Energy purchased another 25 acres in the Brandon/Corson Development Park to provide room for additional windtower storage.
Rosenbauer America constructed 22,000 square feet of additional space to assist with their growing global fire-truck manufacturing business. With the expansion, the company plansto add 30 new hires over the next few years. The facility and additional equipment represent a $2.5 million investment in Lyons.
Showplace Wood Products added a 60,000 square foot, $10 million, stand-alone manufacturing plant on their Harrisburgcampus to provide production space for their new Evo productline. The expansion will create 30-100 new jobs. In addition,Showplace Kitchens nearly doubled their Harrisburg showroomwith a 5,000 square foot addition.
Weisser Distributing purchased the former Dakota Millworkspace in Tea for their automotive supplies distribution center. The 40,000 square foot facility provides more than triple thespace for the growing firm that plans to add a dozen employees.
The new Leeco Steel building.
Space and deadline constraints do not allow us to list all developments.
International TradeThe South Dakota International Trade Center
provides export/import consulting services and assistance to businesses in regards to international law,logistics, freight and insurance rates, compliance, documentation, foreign and domestic rules and regulations, foreign currency exchange rates, foreignand domestic duties and taxes, etc. The ITC hosts anumber of educational seminars each year and livestreams the events. As a primary resource center, theITC staff administers the State’s two Foreign TradeZones and acts as a liaison between client businessesand over 60 U.S. government agencies to resolve issues and answer questions that may arise.
The SDITC was established through a partnershipbetween the Governor’s Office of Economic Development, U.S. Small Business Administration,Small Business Development Center, Sioux Falls Area
Chamber of Commerce and the Sioux Falls Development Foundation.
Spirit of Sioux Falls Award
Spirit of Sioux Falls Scholarships
1994 Al Schock1995 Russ Greenfield1996 Lyle Schroeder1997 Curt Kuehn1998 Charlie Kearns1999 Gary Olson2000 David Christensen2001 Jack White 2002 Tony Bour2003 Linda Barker2004 Steve Kirby2005 Governor
Mike Rounds2006 Tom Everist2007 T. Denny Sanford2008 Mark Griffin2009 Jim Wilcox2010 Steve Crim2011 Steve Egger2012 Sylvia Henkin2013 Larry Ritz2014 Dale Froehlich
Page 14
The Spirit of Sioux Falls Award is given annually to a person who has demonstrated leadership and commitment to the economic growth and development of our community. The award honors the memory of David Birkeland, Angus Anson, and Roger Hainje who perished in the plane crash along with Governor George Mickelson and other state officials and staff in April of 1993.
Each year the Sioux Falls Development Foundationawards up to four Spirit of Sioux Falls Scholarships toSioux Falls residents or students who have completed atleast one year of post-secondary work in business-relatedareas of study. The scholarships were established by theSioux Falls Development Foundation in 1993 to honor the memory of Roger Hainje, Angus Anson and DavidBirkeland, Sioux Falls business and economic development leaders.
Four students have been chosen to receive the 2015Spirit of Sioux Falls Scholarship to continue their post-secondary business education. The winners of this year’s$2,500 scholarships are:
Taylor Salava, Augustana University, majoring in business administration and exercise science.
Sarah Reardon, University of Sioux Falls, majoring inaccounting and business administration.
Abbey Burtic, University of Minnesota, majoring inmarketing.
Jessica Schmitz, Augustana University, majoring inbusiness administration and computer science.
© Korczak, Sculptor
Did you know?15% of all SD jobs are related to exporting
82% of SD exporters are small businesses
Manufacturing accounts for92% of SD exports
Top trading partners:CanadaMexicoSaudi ArabiaBelgium
In 2014, SD exported nearly$1.6 billionin value-added agriculture products and manufactured goods; not including grains and livestock.
BrazilGermanyIsrael
ChinaJapanKoreaAustralia
2015 ITC Statistics:
100+clients assisted
600+exportingcompanies
550+importingcompanies
4seminarsconducted
276seminarattendees
2foreign
delegationshosted
Staff MembersSioux Falls Development Foundation
Slater Barr, President Dean Dziedzic, Vice President Mary Medema, Director of Workforce Development Karen Ruhland, Director of Research & Communication
ServicesRock Nelson, South Dakota International Marketing Director Diane Andresen, Manager of Administrative &
Membership Services Mary Archer, Administrative Assistant Linda Rodman, ShadowED Coordinator
Regional Development
Nick Fosheim, Executive Director of Lincoln & MinnehahaCounty Economic Development Associations
2015 Accolades: What the nation is saying about Sioux Falls
Top Up-and-Coming City for Recent College Grads— ZipRecruiter
“the best small city in America you haven’t been to”— Thrillist
4th lowest rate of foreclosure and
percent of credit usage— WalletHub
3rd Best Small Place for Business
and Careers— Forbes
3rd most mid-sized livable city— AARP
3rd best mid-sized city for women in the workforce— NerdWallet
Bike Trail rated third best in the nation— Fodor’s Travel Guide
4th best city to
find a job— WalletHub
Ranked 4th bestjob market— ZipRecruiter
5th best city forfamilies in the U.S.
— WalletHub5th best city to work from home— BroadbandNow
Ranked 5th best 2016 U.S. Best Value City— Trivago.com
Nation’s 7th best minor league
market— Sports Business Journal
6th best city to start a business
— WalletHub
8th best city to start a family— DatingAdvice.com
9th best city to start a career
— WalletHub
10th best place to live— Livability.com
Top 10 metro area for economic vitality— Stateline -The PewCharitable Trusts
Ranked downtown Sioux Falls one of 10 Most Livable Neighborhoods
— AARP
24th Best-PerformingCity where America’s
jobs are created and sustained— Milken Institute
24th hardest working city in America;labor force participation
rate of 83.17%— WalletHub
One of America’s 50 most innovative
tech hubs, ranking 32nd— NerdWallet
One of America’s 100 Leading Locations— Area
Development
South Dakota Technology Business Center
Rich Naser, Jr., PresidentTom Stengrim, Vice PresidentAbby Parker, Client Care SpecialistAndy Jorgensen, Entrepreneur in PracticeRyan Hultgren, Entrepreneur in PracticeRyan Oines, Entrepreneur in Practice
5th best city in the U.S. for working
seniors— smartasset.com
8th in 2015 Economic Strength Ranking
— POLICOM
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1st in Small Business Tax Index2015: Best State Tax System forEntrepreneurship and SmallBusiness
— Small Business & Entrepreneurship Council
Best state in the nation for business climate, and 4th for talent pipeline
— U.S. Chamber of Commerce Foundation
“America’s most underratedstate”
— Thrillist
2nd best overall in their business tax climate index withthe 3rd least state/local tax burden in the U.S.
— Tax Foundation’s 2015 Facts & Figures
3rd best state in the nation interms of fiscal condition
— Mercatus Center
3rd best on the list of Best &Worst States for Taxes
— Forbes
Your money goes farther—3rd best ranking
— Tax Foundation
Ranked 3rd in the 2014 State ofAmerican Well-Being Index &3rd in Well-Being Rankings forOlder Americans
— Gallup Healthway’s
3rd best state for homeowners— SmartAsset
4th most tax-friendly state for retirees
— MarketWatch
4th best over-all state; ranking1st in fiscal freedom, 2nd inhealth care freedom and 3rd inregulatory freedom
— Financial Freedom Index - John Locke Foundation
5th highest financial well-being in the nation
— Gallup-Healthways
6th most money-savvy state — GOBankingRates.com
8th best hiring climate — Gallup Job Creation Index
9th best state for business andcareers
—Forbes
9th most tax-friendly state for retirees
—Kiplinger
9th best state for drivers—lowcar-theft rates and insurancepremiums, short commute times
— Bankrate.com
America’s 11th Top State forBusiness 2015 — CNBC
South Dakota 2015 Accolades
200 N. Phillips Ave. #101 � P.O. Box 907 � Sioux Falls, SD 57101605.339.0103 � Toll Free 1.800.658.3373
www.siouxfallsdevelopment.com
The Sioux Falls Development Foundation would like to thank Xcel Energy for their support of the 2015 Annual Meeting.