Construction Began on Foss Fields Project in Sioux Falls
The 300-acre mixed-use development will feature a large retail center and 500 apartment units.
Updated on Oct. 10, 2026 in Openings & Closings
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Developers officially broke ground on the $200 million Foss Fields project, a 300-acre mixed-use development located in Sioux Falls. The site will house a 118,500-square-foot retail center and a 500-unit apartment complex.
Why it matters
This massive infrastructure project aims to expand retail accessibility and job creation on the east side of Sioux Falls. It represents the culmination of a decade of planning and investment by local city departments.
The development spans 300 acres and includes a 118,500-square-foot retail center. Total construction value is estimated at $200 million, supporting 500 apartment units and five anchor retail chains.
The players
Foss Fields
This is a major mixed-use development project currently under construction in Sioux Falls.
Hobby Lobby
This national retail chain is one of the confirmed anchor tenants for the new development.
The details
The project will feature major national retailers including Hobby Lobby, Sierra, Ross Dress for Less, Five Below, and Petco. Additionally, a new Casey's location is planned for the intersection of Veterans Parkway and Madison Street.
Timeline
October 6, 2026: Groundbreaking ceremony occurred on Tuesday.
Fall 2027: The retail center is expected to open to the public.
Market Landscape
This project continues the local legacy of naming key infrastructure after Joe Foss, following the 1955 dedication of the Sioux Falls regional airport. It signals a major shift toward large-scale, east-side commercial consolidation for the city.
Residents can anticipate significant new retail options and increased housing capacity once the project reaches completion. The introduction of five national anchor chains will shift shopping patterns toward the east side of the city starting in fall 2027.
The takeaway
Large-scale developments like Foss Fields serve as a barometer for regional economic expansion and population growth. Residents should monitor future tenant announcements to see which additional services will be added to the east side corridor.
What happens next
Additional tenant announcements are expected in the coming months as contractors move forward with site development.
Further reading
Find more updates on area business growth in Sioux Falls Openings & Closings.
Source note: This article includes information reported by Argus Leader.
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