As I have said in the past, there needs to be a breakdown of Non-Profit, Commercial (private) and Public, so I will do it for you;

  1. The OneTwo, an apartment complex from Lloyd Cos. at 205 E. 12th St. at $35 million. (Com)
  2. Sanford Health’s Virtual Care Center at 3001 W. Opportunity Drive at $27.8 million. (NP)
  3. BCP Sioux Falls, for a shell warehouse for Owens & Minor and Avera Health at 4001 W. Memory Circle at $25.6 million. (NP)
  4. The new Maguire headquarters at 2001 E. Robur Drive at $22.6 million. (Com)
  5. A northwest elementary school for the Sioux Falls School District at 2101 N. Valley View Road at nearly $22 million. (Pub)
  6. The Jacobson Plaza ice ribbon and playground at Falls Park West at $21.5 million. (Pub)
  7. Spring Creek Luxury Apartments from Samuelson Development, 1801 E. 77th Circle, at $21.3 million. (Com)
  8. A renovation and addition for Xcel Energy, 1401 N. Minnesota Ave., at $20.4 million. (Com)
  9. The Velthuis apartments from Veldhouse Construction, 5100 S. Rolling Green Ave., at $18.5 million. (Com)
  10. The USD Discovery District’s first building, 4600 W. Nobel St., at $15.8 million. (Pub)

Commercial: $117.8 Million

Public: $59.3 Million

Non-Profit: $53.4 Million

See, that wasn’t so hard.

By l3wis

9 thoughts on “Sioux Falls 2023 permit valuations are only million over 2021”
  1. I realize that Sanford Health is classified a non profit, but how can that really be when they made $187 million according to their latest yearly filing? If you ask me, their patients were overcharged $187 million in ’22. If they are truly a non profit, that is…:

    https://www.beckershospitalreview.com/finance/sanford-health-reports-positive-operating-income-establishes-200m-line-of-credit.html

    ( and Woodstock adds: “Wow, it looks like Sanford could self-finance over six of those Visual Care Centers themselves based on the ’22 figures, huh?”…. )

  2. There’s an evident slump in the Sioux Falls economy. What happens for 2024 will be interesting. Money is tight for the working class. There’s less sales tax revenue the city must take into account. The Empire Mall was slow for the holidays.

    I’m thinking (instead of Lincoln County) redevelop the Empire Mall as the state prison. There’s an opportunity for a new mall at Exit 1 along I-90 in Minnesota. Land is cheap and no sales tax on clothing or food in MN. It’s between the Veterans Parkway and Worthington routes around from the east side of Sioux Falls toward Omaha. Most of all, there’s DEMOCRACY in MN.

  3. Yep. I broke my hand at Falls Park in ’13, and visited Sanford Hosp to have it checked out. Spent maybe a total 1.5 hours in that room and they helped me maybe less than 15 minutes including a x-ray. Add the additional trips for checkups maybe 3 times for less than 15 minutes each time, they charged me $3,600 dollars. Do the math, I look back, and thought, maybe I should have gone to Drug Store got a soft cast, using it for 1 month. I rarely use the hospital, but that became a bad experience. $3,600 for a total 3 hourrs maximum of service. I been involved in the Automotive industry all my life, and repair bills are not cheap by no standards, but if I charged someone $3600 for 3 hours of labor/parts my family be out of business fast. I mean, an engine replacement costs $3000 at average, and the average repair bill runs about $300 dollars give or take…I do not critique businesses, cause I kno they have to make a profit, but sometimes I beleive some go over the top n their margins. I sell used cars, and I try to help people, so I often kept prices as cheap as possible, or find creative means to help people that need help. Probally the reason I am broke versus the hospital industry. But my dad taught me – be honest, flexible, and transparent and your customers then respect you. I am the type of guy, if I can buy a cheap used car at auctions for $600, I sell it for $1000, rather than the full retail price, by making you a list of items that need fixed, hoping, that most my customer used my dads repair serivces, that my family gave at discounted prices, but most importantly, all people helped each other. I tried my best to please people, and that is my trade mark, but at the same time, you cant let people take advantage of you, but you do as you think is best for both sides. I get it, Hositpols are expensive to run, but Avera seems to have better prices for the average consumer.

  4. It is. I spent 28 years there.

    ( and Woodstock adds: “Actually, it was probably more like purgatory, huh?”… )

  5. Chick-fil-A and Dillards, the perfect marketing gimmick. Only matched by Taylor and the NFL.

    Although, the thought of fundamentalists smashing their vehicles into the Mall entrances in an attempt to find the Chick-fil-A drive-thru is disturbing to me. #Rapture

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