Bakken boom brings big bucks to Rapid City builders - KOTA Territory News

Bakken boom brings big bucks to Rapid City builders

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Bakken Bakken Bakken; We know it's been great for North Dakota economies.

Now those bursting economies to the north are overflowing into the pockets of Rapid City business owners.
 
All the numbers point to one thing: Bakken is big.
 
"We're looking at that opportunity to expand," said Jim Scull of J. Scull Construction Services in Rapid.
 
He's planning to open an office in North Dakota in the next month or two.
 
"I'd say we're 95 percent sure."
 
Scull sat in on the Bakken conference Tuesday in Rapid City. It gave him some more ideas.
 
"We're finding that there's a great deal of infrastructure," Scull said, "government-type structures, schools, medical facilities that are going to have to be built."
 
He thinks the extra building could mean as much as a 35 percent expansion in his business. And he's just the kind of builder people like Pat Hart are looking for.
 
"We're trying to get a good representation of people that understand how to build and develop in western North Dakota," Hart, president of Meyer Real Estate Group in Dickinson, N.D., said, "because it's definitely different."
 
Landowners want to build and develop a lot.
 
"They're expecting in the Williston area and the Watford City area," Bakken Consulting president Erik Peterson said, referring to housing development studies, "growth rates between 120 and 170 percent between now and the year 2025."
 
Where will those people come from? Survey says: South Dakota.
 
"We can place these people in so many different types of jobs," said Dwight Enget of employment service Bakken Staffing.
 
"A lot of the companies in North Dakota want people that are familiar with the weather," Enget said.
 
So once they build it, they will come.
 
"Once the frost goes out this spring," said Scull, "we'll be ready to hit the ground running"

And even though places like Wal-mart are offering upwards of $17 an hour to stock shelves, experts say make sure you figure out your housing situation before you decide to put on that nametag.

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