Jan. 21, 2026

The proposed mixed-use Libertyland USA developer hit a big stumbling block Tuesday in Rapid City.

Seventy percent of voters rejected a $125 million tax increment financing district for the project, which is proposed for about 50 acres in northeast Rapid City on property largely owned by the Lien family. They’re the owners of a fourth-generation business in the mining, mineral processing and ready-mix concrete industry.

Libertyland USA first was announced in late 2023 as a destination mixed-use development that would include a resort and theme park centered around a living-history attraction.

A scaled-down version called for an Americana-themed property with a hotel, attractions like a Ferris wheel and carousel, restaurants and other venues.

The hope was to find synergy for the overall development with a planned Rapid City sports complex to the east near Fleet Farm on 23 acres donated by the Lien family.

The proposed TIF would have been the largest in South Dakota history. It deviated from traditional tax increment financing in that it would have allowed discretion in using the property tax collected to enhance the project.

The property representatives estimate that their development would generate $4 million to $8 million in annual revenue for the city. They could still pursue their project but would have to do so without incentives or come back with a new proposal for them.

Rapid City moves forward with Libertyland entertainment district, new sports complex plan