Minnetonka’s Praxis Marketplace Gets $180K for Mpls Grocery Store

Minnetonka-based Praxis Marketplace got some help with its project to build a grocery store in Minneapolis where two gas stations once stood.

The Metropolitan Council awarded the company $179,300 to help clean up the soil on the 1.3-acre commercial site, the council announced Wednesday.

Praxis specializes in providing food to urban areas. In addition to having a store in north Minneapolis, it will grow produce in its own nearby aquaponics facility, plus offer brand development services, according to Minnesota Business Magazine.

The grant it received was part of $2.5 million in so-called “brownfield cleanup grants” that will clean 28 acres, create or retain more than 1,700 jobs, increase the net tax base by $1.6 million, help to produce 168 affordable homes and encourage nearly $117 million in private investment.