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Sioux Falls New Construction Down In January

February 3, 2014, 1:10 PM by Angela Kennecke

Sioux Falls New Construction Down In January

Last year, new construction values broke an all-time record at $588 million in Sioux Falls.  This year isn't off to as strong of a start as 2013.

New building permits issued in January totaled nearly $23 million.  That's down from about $38 million in January last year. 

One major difference is that the number of permits for new apartment buildings is down.

But hospital construction and new single-family homes are right in line with last year.  And many of those being built are high-end homes. 

On Your Money Matters at 10, KELOLAND's Angela Kennecke finds out what we can expect when it comes to construction in the city for the rest of 2014.

January permits over $500,000.pdf

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