Dakota Midday: Sioux Falls Announces 'Mega' Business Park

Jun 3, 2015

A new, 800 acre business park for Sioux Falls is being built at the cross section between interstates 29 and 90. This is the tenth development park for the city and could employ more than 8,000 people once it’s fully built. On Tuesday, economic leaders and government officials, including Governor Dennis Daugaard and Mayor Mike Huether, announced the new Foundation Park.

Site plan for Foundation Park in Sioux Falls
Credit Sioux Falls Development Foundation

Governor Dennis Daugaard credits a partnership between the state, city and economic groups like Forward Sioux Falls for creating the city’s tenth business park. “A development park of this type puts our state on the radar of world class businesses in an entirely new way,” the governor said. “The scale of land available now makes us a possibility for places that we were not possible for before.”

Governor Daugaard has committed $11.5 million in state loans and grants to help purchase the land. One Sioux Falls transportation business, Logistics Buddy, will build a 600,000 square foot warehouse in the new park.

SDPB news director Cara Hetland attended the announcement of Foundation Park. She joined Dakota Midday with some of the details of the project.