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Ryan Companies Is On Target, Brookings, South Dakota, 57006

Drone Brothers, on behalf of Ryan Companies, captured aerial images of the Target Corporation for visual data in Brookings, South Dakota, 57006. Ryan Companies is developing the Brookings Marketplace, which will feature a Target as the anchor tenant with 127,000 square feet. Aldi will also be a tenant at this $86 million development.

According to BEDC research, the Brookings Marketplace is expected to support 148 jobs. The economic output from those jobs is estimated at $15.7 million for a city tax revenue of about $200,833 each year. Direct sales tax revenue is estimated to run from $1.1 million to $1.5 million each year.

Mayor Nick Wendell said, “The Marketplace development is a testament to Brookings’ vitality, and I expect it will attract more businesses to our community,” Wendell said. “I also have no doubt it will benefit existing businesses as it attracts more shoppers to town. As the saying goes, a rising tide lifts all boats.”