Lloyd Construction Celebrates Record Year With Exciting Projects Ahead
It’s easy to think of Lloyd Companies as a builder of projects we develop and own ourselves – but we also deliver millions in construction for others.
“We’re very active in construction, not just for our own developments and apartments, but for commercial projects,” said Mike Dill, Lloyd’s Executive Vice President of Construction.
“In the last year or two, we’ve taken on a number of opportunities that have been unique for our team and great additions for the communities we serve.”
In 2023, Lloyd Construction worked on nearly $300 million in building activity – split between multifamily and commercial projects, with a significant portion dedicated to third-party work.
For instance, while Lloyd Construction is building The Steel District, the team also is working for the city of Sioux Falls to construct the next phase of the River Greenway and Jacobson Plaza.
“Those projects are going well, despite some of the winter limitations. The retaining wall on the greenway is progressing and we’re back on site and making headway,” Dill said.
“At Jacobson Plaza, underground utilities and foundation work is nearly done – some of that was even before last year’s Parade of Lights – and now we’ll start to go vertical before long.”
From north to south, the construction team is working as far as Bismarck, ND where Lloyd Construction broke ground on a Fleet Farm store, to Yankton, SD where the team is going vertical with a significant addition to Lewis & Clark Behavioral Health Services.
“It’s easy to associate us with the Steel District in downtown Sioux Falls and Block 5 in downtown Rapid City, but across the state and region, we’re successfully delivering bid projects. We complete third-party work including both construction manager at risk and design-build,” Dill said.
Several recent projects will bring welcome additions to Sioux Falls, such as the Great Plains Zoo’s lion and meerkat exhibit, scheduled to open this summer.
“That’s definitely a unique project but a fun one for our team,” Dill said.
Other major projects include significant work for nonprofits, such as the new Children’s Home Shelter for Family Safety and a new location for The Furniture Mission of South Dakota.
Lloyd Construction’s special projects division, which handles work that’s $2 million or less, has been busy with many shell buildings for Starbucks across the region and a variety of tenant buildouts, including the recently opened Chase Bank in Shriver Square.
“At the height of the season, we have more than 100 construction team members, and we’re actively hiring,” Dill said. “We’re looking for people in all positions because our demand keeps growing.”
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