Sioux Center Land Development is purchasing about 35 undeveloped acres at the northern edge of the community from the City of Sioux Center to create a new area for commercial construction.
“A clear need has been identified for commercial lots for businesses in the construction and service industries in and around Sioux Center,” said Sioux Center Land Development President Mike Plasier. “Sioux Center Land Development believes they are tasked with keeping an eye to the future, and this development is in keeping with that belief, making sure new and existing businesses have space to grow so that they stay and prosper in our community.”
The land to be developed is north of 20th Street NE and will be called the Highway Commercial Park - Second Addition. The Sioux Center City Council approved selling the land for $690,000 to the development group, which plans to develop and offer various lot sizes.
“The biggest need was for 1 acre or slightly smaller lots for equipment storage and small office spaces. We also recognized that we were running out property for new industrial businesses to locate on in Sioux Center,” Plasier said.
Sioux Center Land Development, a private group of several hundred shareholders focused on fostering economic growth in the community, will pay for the purchase in installments over a 10-year period with interest.
“It’s good news for Sioux Center that there is demand for more commercial lots. Sioux Center Land Development has a vision for this area, and we think it will bring growth and benefit our community,” said Mayor Dennis Walstra.
A final plat of the area will be presented to the Sioux Center Planning and Zoning Commission and to the city council at a future meeting for review and final approval.