At the Sept. 26 meeting, the Pierre City Commission acted on two separate steps to continue progress of the old City Hall development project.
First, they approved the motion to separate the site into three different lots -one for the hotel, one for the apartment building, and one for the commercial building. Splitting the site into three independent lots provides the opportunity for each lot to have different ownership throughout the lifespan of the properties.
At the meeting, the commission also set a public hearing for the Resolution of Intent for Business Improvement District (BID) #3. A BID is a self-imposed fee applied to room bills at the new hotel. This is the second step in the process to activate the BID and serves as notification to both the developer and the public of an upcoming public hearing. That hearing is set for Nov. 7, 2023.
Unveiled in spring 2022, the site of the old City Hall along Sioux Avenue, as well as the adjacent block of Chapelle Street and the land immediately to the east of that block are being redeveloped to house an 80-room hotel, 60-room apartment complex, and a commercial building. Hegg Companies, a Sioux Falls-based development firm, is behind the project.
The hotel will be the first piece of the development built. Construction is scheduled to begin later this year.