Local news- Press Release
Pierre South Dakota - Major Development Planned for Downtown Pierre 24 May 2022 ( news )
Pierre , state South Dakota ( By Press Release office)
May 24,2022
| 42| 2
On Tuesday , May 24 , Pierre Mayor Steve Harding rolled out a partnership with Hegg Companies to redevelop the former city hall property located along Sioux Avenue . It involves an apartment complex , a hotel , an office building , retail space and the closure of one block of Chapelle Street .
“This development is a game changer for our community and especially our downtown area , ” said Pierre Mayor Harding . “We have been working on this development since before the pandemic; this will be awesome!”
The development will be bordered on the north by Sioux Avenue and on the south by Dakota Avenue; it’s east and west borders will be between Highland Avenue and the alley to the east of Chapelle Street .
“To allow for the necessary development space , the City will vacate that block of Chapelle between Sioux and Dakota Avenues , ” said Mayor Harding . “To make this deal happen , we’ll also purchase a small piece of county property and work with PEDCO to sell it and the city - owned property that houses old city hall . ”
The City Commission took action to put that land deal into motion by approving the purchase of the county - owned building and parking lot located at the northeast corner of Chapelle and Dakota .
“We are very excited to be in the Pierre market , ” said Paul Hegg , Hegg Companies President and CEO . “We think this urban infill project will enhance the Central Business District and be a catalyst for future development . ”
Hegg will serve as the project developer and owner of the 80 - room hotel and 60 - unit apartment complex set to be built on the property .
“There’s some land sales that need to happen , some additional financial pieces that will require commission action , but this project is mature and ready to get started , ” said Mayor Harding . “I’d expect you’ll start to see work at the site by the end of the year . ”
In 2018 , Pierre City Hall relocated from 222 E . Dakota Avenue to 2301 Patron Parkway , leaving a large lot along Sioux Avenue available for redevelopment .
“When we moved City Hall , I had a vision to use the old City Hall space to revitalize the downtown area and create a sales tax producing space , ” said Mayor Harding . “We have talked to a number of developers over the last couple years , and I’m pleased to say we have now found the right fit . ”
PECDO COO Jim Protexter is calling the project a big win!
“Housing and downtown revitalization are two challenges that are tough for many communities , ” said Protexter . “This development addresses both those issues and is a giant shot in the arm for Pierre . ”
PLAY the NEWS
* May be useful for visually impaired persons .
Press release information :
Direct link to press release:
Click here .
