Jodi Schwan

jschwan@sfbusinessjournal.com

The next phase of retail development at Lake Lorraine features a Main Street-style development geared toward smaller shops and restaurants.

Developers of the property between Interstate 29 and Marion Road south of 26th Street have about 180,000 square feet of larger retailers committed to building at Lake Lorraine.

The agreements are expected to be finalized in the coming months with construction starting soon after.

National retailers that had been reluctant to locate in Sioux Falls because sites available weren’t visible or well-traveled enough have signed on at Lake Lorraine, said Kristen Zueger of Van Buskirk Cos., the project’s co-developer with Friessen Development.

“The retailers are thrilled to have a prime location in our market,” she said. “With the speed of success we have had with phase one of this development, we are planning on strong retail and restaurant interest to continue with the boutique and specialty retail shops within phase two of the development.“

Van Buskirk is marketing the second phase of retail this week at the International Council of Shopping Centers’ national convention in Las Vegas.

Last year, the focus was on landing retailers that will fill larger spaces on the east side of the property. While names haven’t been announced yet, the developers said they represent retailers selling clothing, bedding, footwear, small appliances and other items.

For an update on how retailers are responding to the project, watch this video from Las Vegas.

Two other new neighborhood retail centers along Marion Road that are part of the development have filled up, and a third is planned.

Lake Lorraine already is experiencing major construction this spring, including the new Grand Living senior complex and a new corporate headquarters for Carsforsale.com.