The City of Sioux Falls had a record year of building permit valuations in 2022 totaling $1,930,003,807, a 75 percent increase from 2021.
The City also saw growth in its population, adding an estimated 6,284 residents in 2022 for a new estimated population total of 208,884. Population growth in 2022 was slightly lower than 2021, which had a record 6,750 people move to Sioux Falls.
“Sioux Falls experienced another historic year of growth in 2022, and the City continues to be a place where businesses and residents want to invest,” said Mayor Paul TenHaken. “As we look to the year ahead, we’ll remain focused on providing all residents a safe community and prioritizing quality of life investments to remain a place where families want to live, work and play.”
Building permits are required for new construction, additions, and/or remodeling of commercial and residential properties and are issued by the City’s Planning and Development Services department.
Several high-value building permits contributed to the record total in 2022. The top 15 valuations ranged from $170.5 million to $28.9 million.
For residential construction—multifamily housing, which includes nontransient housing like apartments, independent living centers, congregate living facilities, and condominiums—had a record 3,343 permits issued, an 84 percent increase from the previous year.
“Last year showed our public and private partners’ commitment to keeping pace and momentum going with the growth of Sioux Falls, as evidenced by the type of projects happening from major public infrastructure improvements to private development downtown and multifamily units,” said Jeff Eckhoff, Director of Planning and Development Services. “Public-private collaboration will continue to be important as we anticipate and address our growing community’s needs.”
See the full permit report online.