02/16/2026
After 115 years commanding the Falls Park neighborhood, Smithfield Foods will continue its generational impact in a newly built plant.
Gov. Larry Rhoden, alongside Mayor Paul TenHaken and Smithfield CEO Shane Smith, announced Feb. 16, in what will be a “defining moment for Sioux Falls,” that the sprawling slaughterhouse stalwart will be moving northwest of town, next to the Amazon packaging facility at Foundation Park.
Gov. Rhoden said this announcement will mark the largest business investment in the state's history.
The state's most prominent philanthropist and billionaire, T. Denny Sanford, will donate $50 million to the Sioux Falls Development Foundation to help fund the new development, which will include the purchase of 120 acres at the head of Falls Park.
It will be named the Sanford District.
Although there is no timeline yet, TenHaken said that the existing building will be torn down to make room for what could be “parks, schools, maybe a new Whittier or a medical school.
Smithfield's 'once-in-a-generation' move will have 'nationwide impact.' Here's what's next for the 115-year-old meat processing plant.