- Real Estate
- Food & Drink
March 6, 2018
Bath & Body Works plans to open late this month, Buffalo Wild Wings is under construction, and now a new phase of development is starting at Dawley Farm Village.
“We’ve been encouraged by interest from a number of large land users,” said Raquel Blount of Lloyd Cos., who represents the property.
“Between new businesses opening this year and others continuing to attract new customers as the area grows, we definitely feel like there’s more activity ahead.”
An item being considered by the Sioux Falls City Council would allow for a hotel on the property, although no deals are done yet.
Up next, though, is an office park being planned for 7.5 acres along East 26th Street on the west side of Rosa Parks Elementary. There are nine lots for sale and listed with Ryan Tysdal of Van Buskirk Cos. One is designed to accommodate a bank branch and another is being marketed for a potential child care center.
“The Dawley Office Park really fills a void in the east side of the market. There are very few options for Class A office space in the area. But that’s about to change,” Tysdal said.
“The lots aren’t terribly big, so they are the perfect opportunity for a small-business owner who has been thinking about owning their own building. Many of the lots are about two-thirds of an acre, which is an ideal size for a 5,000- to 6,000-square-foot office building.”
The office park is scheduled to start construction later this year, with offices opening late this year or in early 2019.
The growing retail and food options in the area make the property attractive to office users, Tysdal added, as well as the proximity to Veterans Parkway.
More residents also are moving into the Dawley Farm neighborhood. Trinity Point will offer 48 affordable housing apartments. They were funded through programming offered by the South Dakota Housing Development Authority in conjunction with tax credit syndication by Midwest Housing Equity Group. The project was funded with financing provided by the city of Sioux Falls and Horizon Bank.
“It takes multiple organizations and partners working together to put a project like Trinity together,” said Chris Thorkelson, president and CEO of Lloyd Cos. “We’re thankful for the commitment from the state of South Dakota and city of Sioux Falls to providing resources that help support the development and construction of affordable housing.”
The first apartments are opening in May. Residents also will have access to a community room and playground.
Get ready for lots of new additions at Dawley Farm this year.