Sioux Falls building permits drop year over year, but housing is up
Oct. 1, 2020
Three-quarters of the way through the year, Sioux Falls building permit value is down 12 percent.
The total through September was $477.2 million, compared with $541.5 million for the same time in 2019.
The biggest change is in commercial activity. New commercial projects totaled $161.4 million in permits through September, compared with $205.4 million last year. Commercial additions and remodeling projects are at $81.5 million, compared with $120.2 million.
Residential construction is ahead of last year. New residential permits totaled $184.7 million, compared with $166 million for the same time last year. That represents 557 new single-family houses, compared with 487 for the same time last year.
Residential additions and remodeling projects totaled $49.7 million, on par with last year’s $49.9 million.
Apartment construction is ahead of last year, totaling $80.8 million in permits, compared with $41.2 million, and reflecting 694 units, compared with 417 units.
The largest projects permitted in September were the second phase of construction at The Locale apartment complex on East Bison Trail at $8.4 million, Sunnycrest Village independent living complex at 3920 S. Terry Ave. at $6 million, and the new Midwest Periodontics office at 8000 S. Cinnamon Ridge Place at $2.1 million.