Building permits drop with fewer apartments, renovations planned

From staff reports

Construction in Sioux Falls is lagging behind the past two years, driven by drops in addition and remodeling projects.

The city has issued building permits for projects worth $209.3 million in the first four months of the year, compared with $255.3 million during the same time in 2016 and $234.3 million two years ago.

Commercial addition and remodeling projects totaled $31.1 million through April, down from $49.8 million during the same time last year and $98.5 million two years ago.

Residential additions and remodels accounted for $12.6 million through April, down from $15.2 million last year and $27.4 million two years ago.

New commercial construction at $97.5 million is behind last year’s $129.5 million.

While apartment projects account for several of the largest projects so far this year, the total number of units — 723 — is behind last year’s 1,136 units.

Permits have been issued for 242 single-family houses, which is eight more than the same time last year and nine fewer than the same time two years ago.

Building permits drop with fewer apartments, renovations planned

Construction in Sioux Falls is lagging behind the past two years, driven by drops in addition and remodeling projects.

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