Native Americans have been systematically dispossessed of their ancestral lands for more than a century, thanks to federal land management policies. But a spate of new real estate projects highlights efforts to reclaim that territory, as tribes invest in land development in an effort to diversify their revenue base and support their members. — The Seattle Times
Only a handful of tribes have pursued ventures involving commercial property outside of gambling and many still reside in poverty-stricken reservations in the U.S. and Canada. A group from the Squamish Nation is behind Canada's largest development in Vancouver while others have made serious investments in tribal-controlled areas with the backing of some major corporate teammates.
The tribes have themselves been the frequent victim of commercial development schemes historically even occasionally leading to violence and mass protests in both countries. Now, recent developments are causing many to herald a tide change in Indigenous relations that may favor those "long-term leaders" investing in real-estate development now.
The Seattle Times has more on the effort here.
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