Ground was broken—and buildings razed—on October 2 for The Cascade, a $43.5 million dollar development uptown on Phillips Avenue. The 2.5-acre site will be home to 200 residential units, 20,000 square feet of commercial space and parking capacity for 400. The multi-story complex featuring two buildings, located across from the future Levitt Shell at the Falls, will also include 50,000 square feet of outdoor commons space, including an outdoor pool, open-air kitchen spaces and a Bocce ball court. The project will be completed and operational in 2019.
SAB Biotherapeutics, Inc. (SAB), a clinical-stage biopharmaceutical company, broke ground October 5 for their 80-acre pharm underway in Lincoln County near Canton. The Sioux Falls Development Foundation is an investor in the company, which develops human antibody therapeutics using its first-of-its-kind immunotherapy platform leveraging transgenic cattle (TcBovine™). The 80-acre pharm, an agricultural-based production unit whose output is biologicals for the benefit of human health, is the first facility of its kind designed specifically for cattle. The new pharm will enable the company to expand its capabilities, herd and team to continue to develop and produce life-saving therapies. Completion of the first two buildings is expected by the end of the year, with the remainder of Phase 1 completed spring of 2018.
The Development Foundation hosted groundbreaking ceremonies October 12 for a new 30,000 square foot structure to house the collections of the Siouxland Heritage Museums. The building will also include offices and workspaces for the staff and volunteers who manage the collection, as well as a public workspace for research. The Siouxland Heritage Museums operate the Old Courthouse Museum and Pettigrew Home and Museum and are funded jointly by the City and Minnehaha County with funds administered by the County. Private donors provided the site for the new building and approximately 40% of the cost, with the remainder supplied by City and County funding. Planned completion date is August, 2018.
There is better training for our workforce in Sioux Falls. A multitude of options are available to meet businesses' needs at the postsecondary level including city programs, state grants, technical training, and a new $50 million scholarship program for technical school students.Read More