Since 1996, the Shakopee Mdewakanton Sioux Community has added dozens of tribal projects throughout this seven-state region to its loan portfolio, while becoming a major player in tribal finance. Here are four recent deals.
Prairie's Edge Casino Resort
$9 million loan and an additional grant, awarded FY 2010
Upper Sioux Community
What: Addition of 80 new hotel rooms and meeting space.
Red Lake Seven Clans Casino
$31 million loan, awarded FY 2009
Red Lake Band of Chippewa
What: Construction of a new casino, law enforcement center and greenhouse.
North Star Mohican Casino
$48 million loan, awarded FY 2009.
Stockbridge-Munsee Community Band of Mohican Indians
What: Completion of new hotel and restaurants.
Turtle Creek Crossing
$3 million loan and additional grants, awarded FY 2007-2010
Rosebud Sioux Tribe
What: Construction of a tribally owned grocery store.
Waning consumer demand and volatile commodity prices have put pressure on poultry producers. Life-Science Innovations already owns other bird facilities throughout the state.
