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Ground Broken on South Dakota's First Megasite

Foundation Park to Sit on More Than 800 Acres
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Last month, officials broke ground on the state’s first megasite – Foundation Park. The 800+ acre site lies at the intersection of Interstates 90 and 29 and offers offers rail access, robust utilities and proximity to South Dakota’s largest MSA.

“Foundation Park is truly groundbreaking. It will give prospective companies and site selection consultants another solid reason to put South Dakota on the short list,” said GOED Commissioner Pat Costello. “As an economic developer, an asset like Foundation Park with all its amenities is a game-changer in our expansion efforts. We are now even more appealing to the country’s biggest and best projects.”

The park already has its first large tenant. Logistics Buddy, a Sioux Falls-based third-party logistics provider, announced plans to build a $70 million, 600,000-square-foot climate controlled warehouse in the park.

The park was created through a partnership with the GOED, the City of Sioux Falls and Forward Sioux Falls. When full, Foundation Park could lead to nearly 8,000 new jobs in the region.

Read More About the Park’s Announcement 

Read More From the Sioux Falls Development Foundation 

GOED Headed to Minnesota

This August, the GOED's Business Development Team will be heading east into Minnesota on a business recruitment blitz.

"For a lot of companies, taking a closer look at South Dakota makes sense. In many categories we come out on top with fewer taxes, lower tax rates, and low union membership rates," Costello said.

"We have made this trip each summer for the past few years and have found it to be a worthwhile venture," Costello continued. "Our business development team is able to set up a host of meetings, and make great use out of not only our time, but the time of our prospective companies."

The 2016 Minnesota Blitz will be August 22-24.

If you are a Minnesota business leader interested in learning more about South Dakota, please contact Steve Watson or call 605-367-4518.

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Former Sargento Processing Facility

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This is a publication of the Governor's Office of Economic Development. Commissioner-Pat Costello; Deputy Commissioner-Aaron Scheibe; Marketing and Public Relations Director-Mary Lehecka Nelson; Editor and Designer-Jennifer Lambley. © Copyright 2016