Downtown microneighborhood ripe for building ‘the next generation of businesses’

Walk inside the doors at 1002 E. Eighth St., and Ralph and Fatu Cooper will welcome you into their food market stocked with 100-pound bags of rice, boxes of fufu flour and frozen slabs of fish. A few steps to the east at 1014 E. Eighth St., and you’re at the door of Walters HiHo Tavern, a neighborhood fixture for decades. In between those buildings at 1010 E. Eighth St., you’ll find infinite possibility. That’s because Dave Syverson, who purchased the property with a partner in 2022, doesn’t know yet who will rent the 100-year-old building. However, he is confident a retailer, restaurateur or entrepreneur will see the same possibilities in this microneighborhood that he sees. “There’s opportunity all around the city, but I do like downtown and the closer to the core you can get,” said Syverson, co-owner of Syverson Tile & Stone. “I have always been a fan of downtown Sioux Falls and the development going on there.” While Eighth Street closer to Phillips Avenue has seen enormous growth in recent years, Eighth Street between Nesmith and Cliff avenues has lagged behind. It has a more unique character and houses that the central downtown area lacks. Directly […]

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