Here we go again, record growth and record building permits;
The city of Sioux Falls has surpassed $700 million in building activity through October, continuing a record-setting pace.
In the first 10 months of the year, the city has issued $701.3 million in building permits, up from $624.6 million for the same period in 2017.
The record for building activity was set last year at almost $739.3 million.
It is further proof that developers in Sioux Falls don’t need incentives like TIF’s, which are gigantic, long term, tax rebates. If anything, with this kind of growth, we should be raising fees and taxes on developers and putting that money towards technical education or better yet tax cuts for the rest of us stiffs.
Just a thought.