How will the next Forward Sioux Falls program measure success? Here’s a look at some of the key outcomes by 2026:
- 1,000 new housing units from the Housing Fund.
- 25,000 new residents.
- 12 ongoing talent/workforce recruitment programs.
- 250 post-secondary recruitment partners.
- 1,000 apprenticeships/internships/job shadows.
- 4,500 new direct jobs at above median wage.
- $500 million in new capital investments.
- $250 million in new property tax revenue.
- 300-plus acres sold and developed.
- 300 existing companies assisted.
- 30 foreign trade relationships formed.
- 35-plus site selector/broker events.
- 75-plus companies hosted.
- 30,000 direct workforce contacts.
- 250,000 electronic workforce exposures.
The current program also includes a refreshed Future Sioux Falls strategic plan, which will take a comprehensive, long-term look at the metro area’s needs and opportunities.
“This will be a really energizing look at our future, and there will be an opportunity for broad-based community input,” Rozenboom said.
Forward Sioux Falls has a record to show it can achieve ambitious goals.
Since 1987, the number of jobs in the Sioux Falls MSA has increased from 67,100 to 159,900 in 2019 – 238 percent growth. During that same time period, the metro area has experienced a population growth of 143,000 net new residents, a 215 percent increase.
Sioux Falls has been named the No. 1 small city for business and careers by Forbes 12 of the past 20 years.
“This is a true example of a partnership between public and private, and it works very well,” Hanson said.
Businesses told the campaign leaders what makes Sioux Falls unique is “we don’t build a moat,” Flicek added. “We allow other businesses to come in, and expand and grow the whole pie.”
There was overwhelming resolve that Sioux Falls always moves forward, no matter what’s happening elsewhere, he continued.
“What’s unique about Forward Sioux Falls is it’s a central repository of ideas, as opposed to each of our businesses making up our own ideas. Paul and I are professional colleagues. We compete for health care, but we want to prosper Sioux Falls. So organizations like Forward Sioux Falls bringing common solutions to our problems is what makes it so successful.’
And the current campaign already has attracted one new resident – consultant Micelotta, who moved to Sioux Falls from Florida during 2020.
“I drank the Kool-Aid,” he said. “I live here now. So I’m a big proponent of it all. People ask me what’s so special. It’s the people. Look at our three leaders and honorary chair, the mayor. I wish I could bottle it and sell it to other communities.”
Businesses will be hearing directly from Forward Sioux Falls in the weeks ahead, but to get connected right away, contact Mike Lynch, director of investor relations, at 605-373-2008, and visit forwardsiouxfalls.com.