City to Offer Downtown Parking Lots for Redevelopment
The City of Sioux Falls is releasing two surface parking lots in downtown Sioux Falls through its Negotiated Sale program.
The Negotiated Sale program enables qualified individuals or entities to purchase City-owned vacant or improved properties for redevelopment.
The two properties being made available are:
- 400 South First Avenue
- 301 North Main Avenue
The City’s 2025 Downtown Plan was adopted in December 2014 and identified the City-owned surface parking lots as potential redevelopment sites to create infill development in downtown. The first property that was made available through the process was the former BNSF Railway property in downtown.
“In recent years, public and private investment dollars have contributed to a prosperous downtown,” said Jeff Eckhoff, Director of Planning and Development Services. “These sites will catalyze additional investment and strengthen connections to our downtown activity centers.”
To make an offer through the negotiated sale process, an application must be submitted with a site plan, preliminary building elevations or building renderings, and a detailed scope of work.