New convention center could cost city $250 million

Correction: This story has been corrected to accurately reflect the number of potential jobs the project would create.

SIOUX FALLS, S.D. (Dakota News Now) - A new downtown convention center in Sioux Falls could cost up to $250 million, according to a draft report presented on Tuesday by Johnson Consulting to the Riverline District Steering Committee.

The City Council already approved $8 million to buy land near the 10th Street viaduct.

Consultants estimate the project could bring in up to $55 million a year in economic impact and create over 200 jobs.

Plans also include converting the current convention center into an indoor recreation space if the downtown project moves forward.

You can view the draft report and market analysis from Johnson Consulting here.