RAPID CITY, S.D. (AP) - Rapid City set a record last year for the value of building permits, according to city officials.
The Rapid City Journal reports that nearly $330 million in projects were approved by the city, the fourth straight year it has topped $300 million. Last year’s figure was bolstered by the permit for a new $111.5 million arena, scheduled to be completed in 2021.
The city issued a total of 3,968 permits, the second-highest since 2014.
City officials said 30 of the permits generated two-thirds of the overall valuation. Other top permits went for a new Fleet Farm Retail Store at more than $20 million, the Rapid City Economic Development for Ascent Innovation’s new facility at more than $9 million, and Rapid City Regional Hospital renovations at $7.5 million.
Ken Young, the Rapid City community development director, says the city has enjoyed consistent activity in recent years for new buildings, expansions and remodeling.
Please read our comment policy before commenting.