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Yankton’s Construction Value Plummets in 2013

Yankton, South Dakota
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YANKTON, S.D. (AP) — Unlike other South Dakota cities like Sioux Falls and Rapid City, Yankton last year saw a big drop in building.

The Daily Press & Dakotan newspaper reports that the city in 2013 issued $12.8 million worth of building permits, a 57 percent drop from $30 million in 2012 and the lowest level in 15 years.

By comparison, Sioux Falls set a city record with $588.2 million in permits last year, and Rapid City’s $244.3 million was the second-highest in city history.

Yankton building official Joe Morrow says the 2013 drop in that city was due partly to the start of some big projects in 2012 including a $17 million hospital expansion. He says home renovations also have slowed after repair projects in recent years due to hail storms.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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