Remember when they bought this parking lot, they said they would have some workforce housing available;
The One2 is scheduled to open in early 2025 and will start pre-leasing later this year. Apartments will range between $1,300 and $2,500 a month.
In order for a single person to rent a $1,300 a month apartment they would need to make $56K per year or $27 dollars an hour.
Many employers are not even getting close to this wage in Sioux Falls. So once again a developer tells the city council one thing when they want to get their grubby hands on some prime DT property and do something different in the end.
On top of that, what is with all these cheap finishes on the new dwellings DTSF? Nothing fits in with the historical buildings, they are just gigantic concrete boxes, no creativity whatsoever.