Red Lake Trading Post

Red Lake Retail, are building a new grocery store to better serve the Red Lake Reservation and surrounding community.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,610,354

IMPACT

  • 50 FTE jobs
  • 45 construction jobs

CDEs

Investor

Project Description

Red Lake Inc., an economic development enterprise of the Red Lake Band of Chippewa Indians, and its subsidiary, Red Lake Retail, are building a new grocery store to better serve the Red Lake Reservation and surrounding community. The store, directly across the street from the existing Red Lake Trading Post, increases store space to about 2.5 times current space, add a Subway restaurant, expand produce, dairy, meat and grocery options, and helps realize substantial energy savings.

MAP

Address: 24400 MN-1, Red Lake, MN 56666

Census Tract: 27029000300

PDF Profile

Other Minnesota Projects

Gap Financing Loan to V3 Sports Inc.
New facility to serve the Twin Cities area as a center of excellence in children’s mental health.
The acquisition of a renovated 32,000 square foot building that now houses educational and job training programs sponsored by Hmong American Partnership.