Lumbee Tribe Purchases 240 Acres in Robeson County for Economic Development
The Lumbee Tribe has purchased 240 acres in Robeson County, North Carolina, for over $6 million to support economic development initiatives, potentially including a casino or business park. This acquisition, recorded on December 12, 2022, follows the tribe's federal recognition on December 18, 2022, and aims to attract major employers and create thousands of jobs in the region, according to Tribal Chairman John Lowery.
Theia Market Signal Identification - AI Assisted
The Lumbee Tribe acquired 240 acres in Robeson County, North Carolina, for over $6 million from Western Agricultural Holdings. The purchase, recorded on December 12, 2022, aims to support long-term economic development initiatives, potentially including a casino or business park, depending on the will of the Lumbee people.
The tribe gained full federal recognition on December 18, 2022, through the National Defense Authorization Act. Tribal Chairman John Lowery stated that the land could attract major employers and create thousands of jobs, enhancing the economic landscape of the region.
Comments