MEDIA RELEASE :
For Immediate Release:
June 7, 2016

Contact Person:
Amy Smolik
605.373.2054/
605.261.1229 (mobile)

Forward Sioux Falls 2021
exceeds $15.5 million goal

Forward Sioux Falls 2021 Community leaders announced the results of a successful campaign at a press conference and victory celebration for investors today.

FSF 2021 Campaign Co-chairs Mayor Mike Huether, Dave Rozenboom, First PREMIER Bank, and Mark Shlanta, SDN Communications shared that to date $15.528 million has been raised for the five-year program, exceeding the $15.5 million goal. Since 1987 when Forward Sioux Falls started, more than $52 million has been raised over seven programs.

"Forward Sioux Falls embodies the notion that a rising tide lifts all boats," said Campaign Co-chair Dave Rozenboom. "We've seen the benefits of our collaboration and how it has improved our region's economy and quality of life."

Forward Sioux Falls investors represent 80 percent private investments with 20 percent public investments. The seventh campaign kicked off in November 2015 with a goal of raising $15.5 million over the next five years to deliver on time-tested core programs as well as several new initiatives that address today's challenges and opportunities. More than 75 volunteers assisted in the campaign. Forward Sioux Falls 2021 Initiatives and program elements continue to provide opportunities to positively impact people, prosperity and place.

"We will continue to deliver on our core programs that have proven successful and complement them with several new and fresh initiatives," said Co-chair Mark Shlanta, SDN Communications.

Key components in the 2021 plan include: Workforce Attraction, Retention & Development; Foundation Park; USD Discovery District; Entrepreneurship & Innovation; Business Advocacy & Quality of Place Enhancement; Business Recruitment, Retention & Expansion; and Air Service & International Trade.

Following are more details on the newest components:

  • A Strategic Workforce Action Agenda was developed in 2015 after a six-month study. A Vice President of Workforce Development will oversee this initiative and the position will be filled in the coming weeks.
  • Foundation Park is the state's first megasite. It is 820 acres located at the northwest corner of I-90 and I-29. A groundbreaking was held in April and work continues on readying the site. This project was made possible due to partnerships between the State, City and business community through Forward Sioux Falls.
  • The USD Discovery District will create an innovation community near the University Center. It will consist of 26 buildings with mixed use development. The District will capitalize on the region's significant and growing medical and biotech capacity. It was made possible due to partnerships between the State, University of South Dakota and Forward Sioux Falls.

"Today is certainly a memorable day," said Co-chair Mayor Mike Huether. "Thanks to our investors, our region has been dreaming big and had the financial support to realize those dreams. We are excited to carry on the momentum."

Forward Sioux Falls is the successful joint venture economic development partnership between the Sioux Falls Area Chamber of Commerce and the Sioux Falls Development Foundation. A Joint Venture Management Committee, made up of the leadership from the Chamber and the Development Foundation, oversees the program. For more information, visit forwardsiouxfalls.com.

   

 
 
ADDITIONAL FORWARD SIOUX FALLS INFORMATION
Forward Sioux Falls is the successful joint partnership between the Sioux Falls Area Chamber of Commerce and Sioux Falls Development Foundation. For more information, visit www.forwardsiouxfalls.com.