In 2020 The City of Shakopee developed a Parks, Trails and Recreation Master Plan which concentrated on celebrating Shakopee's heritage. From this plan the city created a “Shakopee Cultural Corridor” which extends from the historic Holmes Street Bridge to The Landing (owned by Three Rivers Park District). The city then assembled the Cultural Corridor Committee, consisting of partnerships with the Scott County Historical Society, Scott County, Three Rivers Park District and Shakopee Mdewakanton Sioux Community to create a cohesive story about the history along the Minnesota River in Shakopee. Discussion regarding updating the 1972 application to the National Register of Historic Places (NRHP) occurred, as well as officially getting the new Shakopee Cultural and Historic District on the NRHP.

At its Aug. 4, 2021 meeting, City Council approved the 2021 MNHS Large Legacy Grant application requesting funding for the NRHP district nomination. The application fell just under the scoring threshold for funding. The Planning and Development Department wishes to apply to the 2022 MNHS Large Legacy Grant requesting funding for the same NRHP district nomination.

No match is required of the MNHS Legacy Grant; however, to strengthen the application, a 50% match is being made and is covered under the Shakopee Economic Development Authority's budget.