June 1, 2018

The first companies have been signed to launch the USD Discovery District in northwest Sioux Falls.

Details will be announced Monday.

A statement references “catalyzing the biopharma industry.”

USD Discovery District is envisioned as an 80-acre live-work-play innovation community, providing access to research facilities and infrastructure for business development, fostering collaboration for new technologies and creating an environment for interaction among businesses, students, researchers and entrepreneurs.

It’s a partnership consisting of USD, the city of Sioux Falls, the Governor’s Office of Economic Development, the South Dakota Board of Regents and the business community.

When fully developed, the USD Discovery District is expected to include 26 privately developed buildings, more than $314 million in facility construction and 2,800 people employed by companies.