Wallace, SD Business and More

Watertown Event Center Announces New Leadership and Community-Focused Vision

{KXLG - Watertown, SD} The Watertown Event Center has welcomed Shannon Barker as its new CEO, or Chief Event Officer, while also introducing a renewed mission and vision focused on community, connection and creating memorable experiences. Barker officially stepped into the leadership role on Monday, August 10, 2026. Along with...

Watertown, SD · 1d

mykxlg.com

Public Meeting Set to Review Impact Study for Crowned Ridge Battery Storage Project

{KXLG, Watertown, SD} Details surrounding the proposed Crowned Ridge Energy Storage I, LLC Battery Energy Storage System Project will be the focus of a public informational meeting next week. The Local Review Committee, which was appointed by the South Dakota Public Utilities Commission to evaluate the project, will convene on...

Watertown, SD · 11h

thedakotascout.com

Smithfield starts neighborhood outreach after judge's critique

Smithfield Foods will meet with would-be neighbors of its proposed $1.3 billion pork processing plant in Sioux Falls later this month. The Nov. 19 meeting will give residents an opportunity to ask questions of company representatives as Smithfield works to advance plans to replace its century-old downtown Sioux Falls plant with a new facility on the city’s northwest side.

Sioux Falls, SD · 3d

siouxfalls.business

Yonutz to expand into south-side Walmart

Yonutz is expanding in Sioux Falls, adding a second location in the south-side Walmart that will open next week. The local franchise is serving as a test market for the Yonutz Donuts & Treatz concept, which will include a slightly different menu and an expanded “claw-cade.”. “It takes a...

Sioux Falls, SD · 3d

rejournals.com

partner publisher · 8.9K followers

Northmarq closes $26.1 million in financing for 350-unit multifamily property in Sioux Falls

Northmarq’s Omaha Debt + Equity team led by John Reed arranged $26.1 million in financing of Foxmoor Apartments, a 350-unit Class-A multifamily community at 5007, 5009, 5005 and 5001 W. Equestrian Place in Sioux Falls, South Dakota. Northmarq arranged the financing on behalf of the borrower — Samuelson Development...

Sioux Falls, SD · 3d

Argus Leader

Building big: Cattle barn project clears path for next generation

Before the end of the year, the first load of feeder cattle will fill the newly constructed barn on the Smit farm in southeastern South Dakota’s Turner County. It’s a major milestone for Kaleb Smit, 25, who is starting a cattle feeding enterprise, and it’s been a long time coming. Kaleb, his wife Liz, with their 6-month-old son, Nash, are the fourth generation to join the Smit family farm north of Centerville. Kaleb and his dad, Phil Smit, spent the better part of two years planning, working with different government agencies, lenders and engineers, and penciling out how he could come back to work on the farm where he grew up. Expanding a farming operation by purchasing land is a daunting prospect for many farmers, young or old. Average land values in Turner County were $10,750 per acre in 2025 and cash rents averaged $284 per acre, according to South Dakota State University Extension’s South Dakota Farm Real Estate Survey. That’s a big reason why the Smits chose to expand the cattle side of their operation. Investing in livestock barns involves more than a small chunk of change. Kaleb’s project is paid for through a mix of grants, low-interest loans

Turner County, SD · 2d

siouxfalls.business

Bank with Sioux Falls presence to expand into Texas through acquisition

First International Bank & Trust, which has a growing presence in Sioux Falls, plans to expand into Texas through the acquisition of a Dallas-based bank. The North Dakota-based bank announced Tuesday that it has entered into a definitive agreement to acquire Dominion Bank, which has $650 million in assets. Following...

siouxfallslive.com

Sioux Falls eliminates more tax breaks for data centers

South Dakota's largest city is eliminating more tax breaks for data centers. The Sioux Falls City Council voted 7-0 Tuesday to revise its industrial property tax reduction program, removing data processing and storage operations from the list of businesses eligible for reduced property tax assessments. “I have consistently maintained that...

partner publisher · 29.5K followers

Realtor.com News & Insights

Sioux Falls List Prices Dip While Inventory Edges Up

Sioux Falls buyers found more homes and lower asking prices, with listings moving off the market faster than the national pace.

siouxfallschamber.com

Sioux Falls facility takes shape as CJ Schwan’s builds for the future

A major new food manufacturing operation is taking shape in northwest Sioux Falls, with CJ Schwan’s moving toward the opening of a nearly 400,000-square-foot production facility in Foundation Park in 2027. CJ Schwan’s is a leading U.S.-based food company with trusted brands like Red Baron® pizza, bibigo™ and Edwards®...

dakotanewsnow.com

SiouxFalls.Business: Groups pursue F-35s, Vibes Bar opens near Empire Mall

SIOUX FALLS, S.D. (Dakota News Now) - Jodi Schwan with SiouxFalls.Business visited Dakota News Now to discuss efforts to bring F-35 fighter jets to Sioux Falls and a new event center by the Empire Mall!. Organizations working to bring F-35 fighter jets to Sioux Falls:. Efforts are underway to secure...

partner publisher · 8.9K followers

Argus Leader

SD's only Children's Place retailer, in The Empire Mall, could close

National retail chain The Children’s Place has voluntarily filed for Chapter 11 bankruptcy, prompting inventory sales at The Empire Mall in Sioux Falls, which is South Dakota’s only retail location. The Children’s Place, self-proclaimed as the “largest pure-play children’s specialty apparel retailer in North America,” filed for Chapter 11 bankruptcy on Sunday, according to a company press release . While The Children’s Place has confirmed via its press release that some stores will close as part of its Chapter 11 restructuring, the company has not yet announced which other locations will be affected. “We are conducting an ongoing evaluation of our operational footprint and will communicate confirmed decisions as they are made,” the announcement stated . The press release also stated , however, that the retailer is pursuing a sale of the company to new owners. An article published Monday by Retail Dive , a leading publication that provides in-depth retail industry news and trends, included a statement from Rudy Morando, co-chief restructuring officer for The Children’s Place. “For nearly 60 years, The Children’s Place has supported growing families with apparel that customers have come to know and love,” he said. “We recognize the significance of this development for our

partner publisher · 8.9K followers

Argus Leader

Developer says Sioux Falls data center could bring in $10.6M in annual state revenue

A California-based developer is continuing to his fast effort to bring a 500-megawatt hyperscale data center to Sioux Falls. To ease tension surrounding the controversial project, the developer spoke during a Sioux Falls Regulatory Oversight Committee meeting Monday night at Carnegie Hall downtown. “We never suggested that development shouldn't happen without oversight,” said Gemini Capital founder Michael Anvar. “We spent much of 2025 going through that extensive process with the city, and we incorporated many recommendations that came out of that. We believe Sioux Falls can protect its residents and remain attractive for substantial and private investment.” Anvar and Gemini Capital are behind Gemini Data Center SD LLC, which is proposing the data center project in Sioux Falls. Anvar confirmed that his real estate firm is not related to Google’s AI platform, which shares the same name.Anvar also confirmed that the site does not have an end user – the company that will ultimately operate the data center – though prospective end users are being explored. A final design will not be complete until an end user is selected. “Our role as the developer is to bring an experienced operator to the site,” Anvar said. “When there is a signed

siouxfalls.business

Marketing sales, account manager brings background in fashion, retail

This week’s Up-and-Comer is Tessa Donovan, a sales and account manager at 9 Clouds. COVID happening my senior year at SDSU and dating my husband, who lived here at the time. The community. Sioux Falls has all of the amenities of a big city while still having that small-town feel. I especially love being involved with YPN and getting to meet and connect with other young professionals who are building their careers and putting down roots in the community. I’m also a new mom, so I’ve really enjoyed discovering all of the family-friendly events and activities around Sioux Falls that I can enjoy with my daughter.

siouxfalls.business

partner publisher · 19.5K followers

Jodi’s Journal: Power, prices and personal responsibility

Thank you, such as it is, to the man standing at the state’s busiest intersection at the height of Saturday traffic who gave me the prompt I needed to start this column. There you were, planted on the corner of 41st Street and Louise Avenue, both hands in the air, middle finger extended on each, waving at passing traffic.

Sioux Falls, SD · 4d

KELOLAND

Selling Severance with Transworld Business Advisors

The owners of Severance Brewing Company in Sioux Falls are looking to step away from the business life.

Sioux Falls, SD · 5d

siouxfallschamber.com

A New Chapter for Chamber News

The Greater Sioux Falls Chamber of Commerce’s flagship publication is getting a fresh look and a new approach. Beginning next year, Chamber News will transition to a quarterly schedule, with expanded editorial content designed to inform, inspire and connect the greater Sioux Falls business community. Each issue will take...

Sioux Falls, SD · 6d

siouxfalls.business

Biotech company that expanded to S.D. from Germany grows with downtown Sioux Falls office, future lab

This piece is sponsored by South Dakota Biotech. A German biotech company that knew the U.S. was an untapped market is thriving two years after choosing South Dakota for its base of operations. “I can’t complain,” said Oliver Goernhardt, who moved to the U.S. with his family from Germany to...

Sioux Falls, SD · 7d

thedakotascout.com

VIEWPOINT | Food box fronts are ads, facts live on the back

For two years I managed the Natural Grocers store here in Sioux Falls, and the scene I remember most is a shopper standing in an aisle with a bottle in one hand and a phone in the other. The phone had just told her the ingredient on that bottle was dangerous. The bottle was telling her something else. She would look at one, then the other, and then she would come find one of us and ask which one was lying.

Sioux Falls, SD · 5d

farmforum.net