Between I-29 and Marion Road in Sioux Falls SD. Parcels can be resized to fit your project. Adjacent to I-29 and near the Empire Mall, Lake Lorraine has established itself as Sioux Falls' premiere mixed-use development by offering diverse retail, new exciting hotels, inventive housing, lakeside dining, and Class A office. Our visitor experience surrounds the 33-acre lake with its walking trail. Located in the heart of the region's core retailing area, Lake Lorraine has delivered our region's top desires - Hobby Lobby, Homegoods, DSW, Dave and Buster's, Hyatt Place and others. WIDE MARKET AREA - The state's largest city and largest retail center between Denver and the Twin Cities with a metro population of nearly 250,000. Sioux Falls has low business costs with a high quality of life. Sioux Falls is one of America's crossroads cities, located at the junction of two Interstate highways, I-90 and I-29, which brings in consumers from a four state area. ZONED FOR MIXED USE PO-PUD.