Record-breaking housing numbers in Rapid City - KOTA Territory News

Record-breaking housing numbers in Rapid City

Posted:

Mayor Sam Kooiker, Rapid City, is boasting about Rapid City's record-breaking housing numbers.

He says overall, 2011 holds the highest number for total permit valuation. According to Kooiker, if you subtract public buildings from 2011 and 2013, you'll find 2013 holds the record number for the public sector.

The Mayor attributes the high number to an increase in apartments, including student housing. Also, a growing economy and people moving to Rapid City. "2013 was a tremendous year, and housing starts have increased 344% since 2010 - more than a three-fold increase," said Kooiker.
 
However, Kookier says Rapid City is running out of empty lots and that's why so many existing lots are being renovated.

For example, the old Garfield school in North Rapid has been re-zoned so Black Hills Habitat for Humanity can transform the school into affordable housing. Habitat for Humanity has yet to file all the paperwork with the City to begin construction.

Powered by WorldNow

518 St. Joseph St.
Rapid City, SD 57701

Telephone: 605.342.2000
Fax: 605.342.7305

Couldn't find what you were looking for?
Powered by WorldNow
All content © Copyright 2000 - WorldNow and KOTA. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.