Cherapa Place Development
Sioux Falls, SD | Commercial
Awakening a former railyard site in Sioux Falls, this exciting urban development elevates the design and planning bar. Through strategic use of high-quality materials and its central riverfront location, this modern development is truly a place to live, work, and play.
With an existing building on their 7-acre site along the Big Sioux River, Pendar Properties recognized the opportunity to create a vibrant environment in a growing community. The market-driven need for office and residential space in the center of Sioux Falls allowed the developer to enrich a growing area of the city through planning a cohesive multi-functional development.
In 2020, Pendar Properties selected ISG as its collaborative partner to provide a complete scope of services for advancing their ambitious vision for the Cherapa Place Development. Through a visioning process, numerous site and building configurations were evaluated before the team finalized the optimal plan that incorporated a central plaza, 650-stall parking ramp, and three new buildings with Class A office space, condominiums for purchase, rental housing, and street-level retail and restaurant spaces. The development is under construction and slated for spring 2024 completion.
The central plaza and pedestrian-oriented streetscapes will provide a safe, interconnected, and inspiring atmosphere. The central plaza within the urban development includes a variety of amenities such as outdoor seating for retail tenants, multi-purpose greenspaces, firepits, and swings—all set within native plantings that draw inspiration from South Dakota’s landscape.
To provide desirable Class A office space, ISG designed the core and shell of The Bancorp Building, a 10-story, multi-use high-rise that offers amazing river views and convenient access to the central plaza. Designed inside and out by ISG, the two six-story residential buildings will have 225 residential units available for rent in the spring of 2024, completing the exciting development.
ISG’s comprehensive planning efforts will make the Cherapa Place Development a destination—offering amenities that bring energy and excitement from morning until night and make it the live, work, and play environment Pendar Properties desires.