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Winnebago Tribe corporation announces $107M in developments






Lance Morgan serves as CEO of Ho-Chunk Inc., the economic development corporation of the Winnebago Tribe. Photo from Facebook

The economic development corporation of the Winnebago Tribe plans to invest $107 million in projects in Iowa, Nebraska and South Dakota.

Ho-Chunk Inc. is building the $24 million Virginia Square, a retail, housing and office development in Sioux City, Iowa. Another $1.2 million is going to renovate historic buildings in Sioux City that will be used for retail and housing.

Over in South Sioux City, Nebraska, Ho-Chunk Inc. is investing $75 million in Flatwater Crossing, a planned community along the Missouri River. And another $7.5 million is being spent on an apartment complex in Dakota Dunes, South Dakota.

The company formed a new entity, Ho-Chunk Capital, to pursue the projects. The goal is to revitalize the Sioux City area, an urban region about 20 miles from the reservation that's home to many tribal members.

“Ho-Chunk Capital is a real estate development and investment entity," Ho-Chunk Inc. CEO Lance Morgan, a tribal member, said in a press release. "Their main mission is to identify and develop local and regional investment initiatives. I’m confident this new division will help Ho-Chunk, Inc. continue to make a long term economic impact in Siouxland."

Ho-Chunk Inc. owns Indianz.Com.

Get the Story:
Ho-Chunk CEO: Downtown Sioux City projects will grow metro (The Sioux City Journal 12/4)
Ho-Chunk, Inc. announces development plans for Siouxland communities (Siouxland Matters 12/3)
Ho-Chunk, Inc. announces partnership with Keller Williams Siouxland (KTIV 12/3)
Ho-Chunk to highlight several large Siouxland projects Thursday (The Sioux City Journal 12/3)