USD Discovery District Selects Tetrad Property Group as Development Partner
The University of South Dakota Discovery District, an 80-acre contemporary corporate and academic research park under development in Sioux Falls, today announced it has selected Tetrad Property Group, LLC (TPG) as its preferred research facility developer. The USD Discovery District is a public-private partnership effort between the USD, the City of Sioux Falls, the Board of Regents and the business community through Forward Sioux Falls.
The Discovery District signed a letter of intent with TPG for one or more multi-tenant research and advanced manufacturing facilities to initiate the first building. This initial project will be a +/- 25,000 square foot facility targeted for completion in 2018.
“TPG is excited to be working with the USD Discovery District to implement their vision for a dynamic research and development campus,” said TPG President Mark Nienhueser. “We know from our experience partnering with higher education institutions that these developments are game changers for their host communities and enhance economic development for the region where they are located.”