The city of Sioux Falls has released the final total for building permits in 2022, which came in just shy of two billion dollars. There are many major projects that helped the city reach $1.93 billion in building permits last year, but in tonight’s Your Money Matters, why new multi-housing projects stand out in a big way in 2022.
You can find large, new apartment buildings under construction in all corners of Sioux Falls right now.
“We’re in the southeast, southwest, northwest…we’re also looking at a large piece of land on the northeast side of town,” Erica Mullaly, a Partner with Cresten Capital Holdings said.
In 2022, Cresten Capital alone permitted more than 750 multi-housing units.