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1 MC Sioux Falls: Rich Naser, USD Discovery District
June 26, 2019 @ 9:00 am - 10:00 am UTC-5Free
Join us for cups! We meet every Wednesday morning at 9 am at The Museum of Visual Materials.
The USD Discovery District, an 80-acre corporate and academic research park under development in Sioux Falls, today reported on development progress and key milestones going into 2018.
The Discovery District, a planned innovation community adjacent to the University Center in northwest Sioux Falls, will provide access to research facilities and infrastructure for research business development and will foster collaboration for the commercialization of new technologies.
“The goal of creating the district is to strengthen the region’s capacity to support and grow innovation-based businesses resulting in new jobs, increased regional wealth and enhanced tax revenues,” said Rich Naser, Jr., President of the USD Discovery District.
At full build out, the direct economic impact is projected to include 26 privately developed buildings with facility construction value exceeding $314 million and nearly 2,800 people employed by companies located in the District.
“We’ve made significant progress since breaking ground and beginning construction on streets and utilities last May,” added Naser. “We’re now essentially open for business with the completion of the initial infrastructure, selection of contractors and establishing of guidelines and committees.”