(605) 290-3376 michaeljschmidt@kw.com

Sioux Falls is on the cusp of significant transformation, with a series of upcoming real estate developments poised to redefine its landscape and market dynamics. This bustling South Dakota city is witnessing the emergence of various new construction projects and neighborhood developments, signaling a vibrant future ahead.

South Veterans Parkway Expansion

One of the most anticipated projects is the expansion of South Veterans Parkway. This massive undertaking involves extending the road by 8.5 miles, aiming to enhance traffic flow and stimulate development across south Sioux Falls. The project, divided into segments, is set to unfold over several years, with each section taking approximately 18 months to two years to complete. The expansion is expected to drive considerable development along its path, particularly between Cliff and Western avenues, and eventually connecting to 57th Street. This development represents a significant investment exceeding $200 million, underscoring its anticipated impact on the region’s infrastructure and real estate landscape​​.

Neighborhood Developments to Watch

Several new neighborhood developments are also on the horizon, further highlighting Sioux Falls’ growth trajectory:

Boulder Development: Situated in Tea, South Dakota, this area offers lots for new homes ranging from $250,000 to $400,000, indicating a focus on mid-range residential housing.


Sundance Ridge: Located near the intersection of 26th Street and Veteran’s Parkway, Sundance Ridge is set to offer lots from $65,000 to $110,000, indicating a broad appeal to various buyers.

Smith’s Cove and Shatters Addition: These areas are introducing rural subdivision lots and lake properties, diversifying the real estate options available in and around Sioux Falls​​.

These developments reflect a blend of residential, commercial, and leisure properties, catering to a wide range of preferences and needs.

What This Means for the Local Market

The ongoing and upcoming projects in Sioux Falls signify a robust period of growth and expansion. The South Veterans Parkway expansion, in particular, is expected to catalyze significant real estate activity, making areas along its route highly desirable for both residential and commercial developments. Moreover, the diverse range of neighborhood developments underscores Sioux Falls’ appeal as a multifaceted destination catering to varying lifestyles and budgets.

For potential buyers, investors, and sellers, these developments represent pivotal moments to engage with the Sioux Falls real estate market. The evolving landscape offers new opportunities for residential living, commercial ventures, and investment returns.

As Sioux Falls continues to expand and evolve, keeping a close eye on these developments will be crucial for anyone involved or interested in the local real estate market. Whether you’re considering buying, selling, or developing property, understanding the scope and impact of these projects can provide valuable insights and opportunities.

Navigating the Sioux Falls real estate landscape can be quite the journey, and I’ve come to realize that partnering with a local expert like Mike can be a game-changer. He offers personalized assistance and insights that could significantly influence my real estate decisions. I’m thinking about reaching out to him for guidance on how the latest developments might impact my plans. Mike’s expertise and understanding of the Sioux Falls market could really help me navigate the evolving real estate dynamics and make the most of the opportunities ahead. I’m considering contacting Mike today to explore my options and make informed decisions in this vibrant, growing city.