Empire Place
Sioux Falls, SD | Commercial
Overview
One of Sioux Falls’ biggest developers is joining David R. Billion on a new retail center slated for West 41st Street.Empire Place is expected to open in 2020 at the old Sioux Falls Ford site, the result of a partnership between Lloyd Cos. and the younger Billion, along with ISG, who are also joined by B&H Realty and MLR Partners. The concept is still flexible, but developers are planning to begin work in 2019 and will start leasing tenants immediately.
Opportunity
The old car lot is located just north of the Empire Mall, on one of the most highly trafficked stretches of road in South Dakota.
Developers hope to benefit from the recent success of the mall, which has continued to attract new stores despite the financial woes faced by national retail chains.
Excitement
“We view this as an incredible opportunity to redevelop a premier retail site in Sioux Falls,” Lloyd Vice President of Commercial Real Estate Raquel Blount said in an emailed statement. “It offers the ideal space for many retailers and restaurants that have wanted to be in our market for a long time, and it provides a way for an existing business to secure a new or additional location that will bring even more visibility and traffic.”
Market News
Midwest-Based ISG Pushes for Positive Architecture and Engineering Industry Impact
June 27, 2019 – Nationwide impact is being led by Midwest-based ESOP firm ISG, with the firm having earned a Top 10 spot on the coveted Zweig Group Top 100 Hot Firm List. The architecture, engineering, environmental, and planning firm with 300 professionals in offices across four states has earned a spot on the list for eight years in a row, breaking through the Top 10 in 2019 to surpass last year’s #14 Hot Firm ranking. ISG also earned, again, a Marketing Excellence Award and Best Firms to Work For designation in various categories, including multi-disciplinary.
Read More
ISG Expands Architecture and Engineering Footprint into Minneapolis West End
June 13, 2019 – ISG, a nationally recognized architecture, engineering, environmental, and planning firm, recently added a second Twin Cities offices location in the West End of Minneapolis, its third within the State. With deep Minnesota roots that date back to the firm’s inception in Mankato over 46 years ago, ISG has grown to 300+ professionals with clients nationwide and offices in four states. The firm’s West End location will be its 10th office for the 100% ESOP, complementing Bloomington and Mankato in Minnesota.
Read More