SMGA Director’s Report
Our work has always been collaborative, and it will continue to be so under the leadership of our board and our investors.
The temperatures have us thinking spring around the office, and nothing says ‘spring’ in South Dakota quite like a flurry of building permits and the advent of the construction season! Business inquiries to expand or to relocate, including those fielded by our office and by others in the four-county radius, continue to climb, and that’s certainly reflected in the tally of building permits in the Sioux Falls MSA; per a March report in SiouxFalls.Business, new commercial activity in and around the metro area amounts to nearly triple ($39.6 million) the amount just one year ago ($14 million). In other words, the spring season is a great time to embark upon new journeys and start new projects here in the greater Sioux Falls region.
We’re also experiencing feelings of renewed energy and dedication as we embark on a new season for the Sioux Metro Growth Alliance. While we continue to be proud of our legacy and our work in the communities that comprise Lincoln and Minnehaha counties, it’s my honor to lead our former organizations, LCEDA and MCEDA, as we merge our efforts to develop and improve the economy in and around the greater Sioux Falls region. Our work has always been collaborative, and it will continue to be so under the leadership of our board and our investors.
I’d be remiss not to thank former executive directors Jeff Eckhoff and Nick Fosheim, as well as the work of all of our board members as well as our respective LCEDA and MCEDA board presidents, Eric Pauli (Xcel Energy) and Mike Wendland (Grant Park Capital). Thank you all for your support and excitement, which has bolstered our efforts to continue to serve our communities as we merge.
And while we eagerly welcome this new season in our work, what remains the same is our commitment to economic development across the metro area. Please do think of us as you look forward and plant seeds of growth for your business; we’re excited to help you to accomplish your goals.