Citi to build new 'state-of-the-art' facility in Sioux Falls

SIOUX FALLS, S.D. (KSFY) - A big name in Sioux Falls banking plans to construct a major new facility in the city.

Citibank plans to complete construction of a new operations facility in Sioux Falls by the end of 2019, according to Citi Public Affairs Director Mark Rodgers.

Rodgers said the facility will be more technologically advanced than its current site and will "better accommodate our needs going forward."

Citi is one of the largest employers in Sioux Falls, with more than 1,600 employees. Its existing primary facility is located on 60th Street North on the northern edge of Sioux Falls.

This is a developing story. Check back with KSFY for updates.