A plan to redevelop about 4 acres of former downtown rail yard land into apartments, retail and office space earned approval Tuesday from the Sioux Falls City Council.
The council voted 8-0 to sell the land east of 8th & Railroad Center to Iowa-based Christensen Development, which plans at least a $95 million development there.
The concept calls for three multistory buildings plus a parking ramp and reflects the city’s downtown master plan vision, business development coordinator Dustin Powers said.
“We believe this project continues to leverage our property to meet the desired outcomes of the railroad redevelopment plan and complements the developments that have already been built in the area.”…