It's a boom the city of Sioux Falls is proud to boast.
Just last week Sioux Falls made the list of top cities for young people.
Tuesday is has become even more clear why that is so. Mayor Mike Huether and the Director of Planning and Building Services Mike Cooper announced that 2013 has already been a record-breaking year for construction.
At $524.3 million, Sioux Falls has officially broken the building permit record for 2013. That's with two months of the year left to go.
The record before was $523.1 million.
Planning and Building Services Director Mike Cooper said the number of multiple family dwelling units were higher than what he expected.
"You look at the number of apartment units. It's getting close to 1,000 for the year to date and when you add that up with town homes it would be the largest number of new housing units that we've done in any one year," said Cooper.
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Cooper said in 2012 is when we saw the economy go through a recovery period. To him, that makes this figure even more surprising.
However when 2013 started, the vacancy rates for apartments was still relatively low. That in turn brought in developers with a number of housing projects.
Cooper said that as Sioux FAlls continues to expand and the population grows, there will be more interest to invest here.