Shakopee
Market InsightsShakopee is a city in and the county seat of Scott County, Minnesota. It is located southwest of downtown Minneapolis. Sited on the south bank bend of the Minnesota River, Shakopee and nearby suburbs comprise the southwest portion of Minneapolis-Saint Paul, the sixteenth-largest metropolitan area in the United States, with 3.3 million people. The population of Shakopee was 37,076 at the 2010 census.The river bank's Shakopee Historic District contains burial mounds built by prehistoric cultures. In the 18th century, Chief Shakopee of the Mdewakanton Dakota established his village on the east end of this area near the water. Trading led to the city's establishment in the 19th century. Shakopee boomed as a commerce exchange site between river and rail at Murphy's Landing.Once an isolated city in the Minnesota River Valley, by the 1960s the economy of Shakopee was tied to that of the expanding metropolitan area. Significant growth as a bedroom community occurred after U.S.