Construction is booming in Sioux Falls. New businesses, homes and apartments are going up faster than ever before.
The building permits the city issued recently exceeded $524 million. The previous record was $523 million in 2007 before the recession. While several large projects contributed to this year's numbers, smaller developments played a big role as well.
The Denny Sanford PREMIER Center won't open its doors until next year, but the events center is already having an impact. It's one of several multi-million dollar projects changing the city's landscape and setting records.
"We celebrated a record that I think any town across America would even dream, and we busted through the construction record Sioux Falls, South Dakota, and I'm just thrilled by it," Mayor Mike Huether said.
In addition to highly publicized projects, including the events center, a Costco store and new Walmart -- the city is also seeing a surge of new apartment buildings.
"The developers are looking at the low vacancy rates for apartments, the employment numbers, very strong, and they want to build," Director of Planning and Building Services Mike Cooper said.
Cooper says it was one of those apartment complexes that set the record.
While the city has achieved something it's never done before, there is still room for improvement.
"I wanted to identify ways that we can, with business to make thing happen faster, make them more efficient, make them more quality-oriented, and that's what we're doing, but we still have more work to do," Huether said.
While this year's construction has eclipsed the record books, Huether is confident the growth will only get stronger.
"Well '13's a record breaker. It's no secret, the town is booming. There's a lot of confidence, but '14, hang on, because it's going to be a big year as well," Huether said.
The Mayor made sure to clarify that he isn't guaranteeing another record-breaking year in 2014. The values at this point last year were just under $383 million.