Sioux Falls breaks building record
Sioux Falls surpassed its record building permit total from 2017 with several weeks to go in 2018.
Sioux Falls surpassed its record building permit total from 2017 with several weeks to go in 2018.
With one month left in the year, the valuation of building permits in Sioux Falls is $4 million shy of the 2017 total.
Sioux Falls is $38 million away from setting an annual record for construction.
Sioux Falls building activity continued its record-setting pace in September, totaling $633.2 million through the first three quarters of the year.
Building permits in Sioux Falls are easily on pace to set another annual record.
Bolstered by a couple of major projects, Sioux Falls ended July with its strongest building permit valuation for the first seven months of the year.
Overall building activity was a little stronger through the first half of the year in Sioux Falls compared with one year ago, though there are signs new home construction is slowing some.
Sioux Falls has passed the $300 million mark for building activity five months into the year.
Boosted by a $54.5 million permit for Avera on Louise, the city’s building activity pulled ahead of last year through April.
The value of building permits so far this year in Sioux Falls is 23 percent less than the first three months of 2017.