Village River Group

City agrees to $500K settlement to move forward with downtown parking ramp development

The city of Sioux Falls and Village River Group, which at one point planned to co-develop a parking ramp downtown that would have included a hotel, have agreed to a $500,000 settlement after the project never materialized.

2 years ago

City correspondence details alleged defaults of downtown developers

A notice from the city to the downtown developers in Village River Group details how the mixed-use project had fallen behind schedule and how developers had failed to show proof they could finance it.

5 years ago

Village River Group ‘very disappointed’ in city terminating agreement, takes legal action

The developers of a proposed mixed-use project that would have included a city-owned parking ramp said they’re “very disappointed” in the city’s decision to terminate their agreement and have taken legal action.

5 years ago

City terminates agreement with Village on the River developer

The city of Sioux Falls has terminated its development agreement and ground lease the developer of the Village on the River project.

5 years ago

Village on the River proposes scaling back to one hotel, 11-story building

The proposed Village on the River development will be four stories shorter than once planned and include one hotel instead of two.

5 years ago

Developers: Downtown Village on the River to move forward with scaled-back design

The downtown mixed-use parking ramp known as Village on the River is planning to start construction this summer, with a plan that will be smaller than most recently proposed and likely after a few months of delay.

5 years ago

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