Builders Bringing 70 New Home Lots to Valley Springs

A (17 residential lot) development that hadn’t seen action in seven years, and we filled that up.

The plan was that builders Ron and Lori Kuipers would move to Valley Springs, build a house as part of a larger development and call it home.

“That was the intention,” Ron Kuipers acknowledged. “But everything we’ve built has sold.”

So for now, the owners of Homestead Construction are living in what he calls a “shous” – a shed converted into a house – while helping their new community take shape around them.

“When we came five years ago, there was nobody building here,” he said. “That’s either a good thing or a bad thing.”

They quickly found out it was an opportunity waiting to be seized.

They purchased 17 residential lots on the southwest side of town from “a development that hadn’t seen action in seven years, and we filled that up,” Kuipers said. “It was either leave town or keep going.”

They decided to keep going.

Their new 30-acre development, Homestead at Valley View, is just to the south of where they were building, and they hope to build on their success.

“We’ll have about 70 homes,” Kuipers said.

“We decided to start one over the winter, and we’re close to having it done, but that’s the only inventory available, so there’s definitely a need.”

You read that right: It’s the only available home in Valley Springs.

The community of about 760 people as of the 2010 census has grown steadily in recent years, with demand from residents looking to take advantage of more affordable living and a small-town feel within the Brandon Valley School District.

Valley Springs is absolutely a community on the rise

Jesse Fonkert, SMGA Executive Director

“Valley Springs is absolutely a community on the rise,” said Jesse Fonkert, executive director of the Sioux Metro Growth Alliance.

“The investment that Homestead Construction is making to bring much-needed homes to this area is such a win – for them, for residents looking to move in or move up and for overall economic growth of the community.”

Valley Springs “is just a tight-knit, close, friendly community,” Kuipers agreed. “You’re five minutes from Brandon, 15 minutes from the east side of Sioux Falls and about 20 minutes from the west side. It takes you longer to get across Sioux Falls.”

The Kuipers also are setting aside 6 acres of their development for commercial use.

“The intention is to draw a convenience store or Dollar General or something like that,” he said. “And the property is along the highway, so as even more people move in, we think it will be an attractive commercial location.”

Homestead Construction has finished water and sewer infrastructure, and the plan is to build streets and be ready for curb and gutter this spring.

There are 25 lots ready to sell now, ranging from $40,000 to $48,000. There are options for twin homes as well as single family.

“We have one sold, and we’re starting construction in April, so we’ll probably see three houses going up in April because we’re planning a spec house and working on plans with another client to start.”

Buyers can work with any builder, he said. Homes likely will range from $300,000 to $600,000.

“We’ve specialized in the move-up or second home,” Kuipers said.

As for their own home? That’s still in the plan too.

“Builders are always the last ones to get their house. But we do have intentions on building our house this year,” he said. “We’re just enjoying being part of the community and going about it having fun.”

Sioux Metro Growth Alliance Hires Ryan Solberg, Launches New Service

The Board of Directors for Lincoln and Minnehaha County Economic Development Associations (LCEDA/MCEDA) approved a new service at their March board meeting. Starting in May, investor communities will be able to contract with the newly consolidated Sioux Metro Growth Alliance (SMGA) for economic development management services. This new service is designed to compliment the existing support offered by the SMGA and is available for an additional fee for investor communities.

How does this service work? An investor community economic development organization would contract with the SMGA to offer direct economic development management support. The SMGA would offer an economic development specialist to execute a pre-determined scope of services for the contracting entity. The contracting entity (economic development organization) would provide office space in their community for 10-20 hours per week and the SMGA would receive a management fee.

To provide this service, Ryan Solberg will be joining the SMGA as the Economic Development Specialist. As a Mitchell, SD native and Augustana University graduate, Solberg brings unique perspective thanks to past experience in the Planning and Development Services department at the City of Sioux Falls. Solberg most recently worked as a Loan Administrator at Builder Finance in Sioux Falls. The Lennox Area Development Corporation (LADC) has enlisted the SMGA in providing economic development management services. Solberg will work closely with the LADC to help them achieve their organizational goals and execute their economic development strategy.

If your economic development organization is interested in further assistance, contact Jesse Fonkert at jessef@siouxmetro.com for more information about this new, innovative service.

SMGA Website to Launch in June

Sioux Metro Growth Alliance is dedicated to telling the story of each of its investors and we feel this website will help in that effort

Work is well underway on the creation of the SMGA’s FIRST website. SiouxMetro.com will launch this summer as another benefit to SMGA’s investors. Designed for both talent and business attraction, this new portal will have information about available building sites, residential developments, taxes and incentives along with profiles for each community. “We’re excited to build a digital platform to showcase each of our community’s and their asset,” shared Jesse Fonkert, Executive Director. “Sioux Metro Growth Alliance is dedicated to telling the story of each of its investors and we feel this website will help in that effort.” SiouxMetro.com will also be able to handle event registration, post sponsorship information, and share news stories about the metro.

Watch social media for the official launch date!

A New Season for Economic Development

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.

Jesse Fonkert
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Jesse Fonkert

Executive Director, Sioux Metro Growth Alliance