Collaboration helps drive
regional economic development
Sioux Falls had another record construction year in 2015, with more than 12,000 permits issued valuing more than $676 million. The communities surrounding Sioux Falls also continue to grow, adding more housing and commercial development projects in the past year at a value of nearly $180 million.
Regional communities surrounding Sioux Falls have worked together formally for 25 years to promote economic development. Their advantages include access to Sioux Falls and its amenities – entertainment, education and quality of life opportunities – coupled with the benefits of living and working in a smaller community. They also offer their own industrial parks and economic assets.
A unique regional development effort began in 1991 with the creation of the Minnehaha County Economic Development Association (MCEDA, pronounced mah-keeda), which started from what was then known as the Rural Mayors Association. The group, made up of communities in Minnehaha County, wanted to collaborate in promoting their various communities and collectively raised funds to do so. An executive director was hired, who was located out of the Sioux Falls Development Foundation offices in downtown Sioux Falls. The communities included: Baltic, Brandon, Colton, Crooks, Dell Rapids, Garretson, Hartford, Humboldt, Sherman and Valley Springs. In 1997, the Lincoln County Economic Development Association (LCEDA, pronounced lah-keeda) was formed. The communities included: Beresford, Canton, Harrisburg, Lennox, Tea and Worthing. . .
No business is an island when you´ve got your Chamber behind you
No matter your business, it can be challenging to stay on top of marketing trends, tax regulations, plus take care of your day-to-day operations. For smaller businesses, that can be even more of a challenge. But that´s where the Sioux Falls Area Chamber of Commerce comes in – you don´t have to stand alone. No business is an island when you´ve got your Chamber behind you.
With your Chamber membership, you gain access to a network of more than 2,200 businesses and individuals representing thousands of employees in the Sioux Falls area. If you´re looking for service providers, potential clients or business resources, look to your fellow Chamber members.
No community should be an island, either, whether that community is defined as an education system, county/regional government or the growing communities surrounding the city of Sioux Falls. This issue of Chamber News looks at recent regional. . .