Northeast Investment Cooperative
The Northeast Investment Cooperative (NEIC) leverages member-owners’ investments to purchase and rejuvenate stressed and poorly utilized residential and commercial properties in Northeast Minneapolis, with an emphasis on the Central and Lowry Avenue corridors. Consistent with the principles and spirit of the cooperative movement, NEIC makes long-term, stabilizing, and transformative investments for the mutual benefit of our members and our community.
Brooklyn Center, MN
About Us
NEIC formed in 2012 as a way for neighbors to pool their money to address distressed property in Northeast Minneapolis, through a real estate investment cooperative, which was then a novel approach. We completed our first project at 2506 Central Avenue in 2014 and a second small building in 2017 (since sold). A third project has proved elusive due to the pandemic, rising property costs, and the limitations associated with an all-volunteer organization. We have about 270 members and currently own our building at 2506 Central free and clear. Our longtime tenant, the Fair State Brewing Cooperative, went out of business in late 2025 and our current focus is filling that vacancy; once completed, we will turn to charting NEIC's next phase.
Our Focus Areas
Community Ownership
Helping neighbors collectively own and steward real estate assets in Northeast Minneapolis.
Local Business Support
Recruiting and supporting independent, locally owned businesses that strengthen the neighborhood economy.
Property Revitalization
Purchasing and improving vacant or underutilized properties to create active, community-serving spaces.
Cooperative Investment
Pooling patient capital from members to share risk, build local wealth, and create modest financial returns.
Stronger Together
Stay connected with IBWIG and be part of a movement led by immigrant women building economic power through ownership and cooperation.
Your questions, comments, and ideas are what makes us grow. Message us today.
Immigrant Women Cooperatives Supported