The University of South Dakota Discovery District, an 80-acre contemporary corporate and academic research park under development in Sioux Falls, announced it has selected Tetrad Property Group, LLC (TPG) as its preferred research facility developer. The USD Discovery District is a public-private partnership effort between USD, the City of Sioux Falls, the Board of Regents and the business community through Forward Sioux Falls.
TPG is a real estate development company with unique experience participating in public-private partnerships and large science and corporate building projects. Headquartered in Omaha, TPG has established itself as a developer of research parks. The firm is currently the Master Developer for Nebraska Innovation Campus, in partnership with the University of Nebraska, and is preparing to start their fourth building. TPG has also worked on other notable complex science and medical projects including Colorado State’s Translational Medicine Institute and the University of Nebraska Medical Center/Nebraska Medicine’s Fred and Pamela Buffett Cancer Center.
In addition to having two potential tenants identified for this first facility, additional companies have provided specifications for biopharmaceutical manufacturing and animal research space.
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