Purchase of Fort Snelling
By 1858, Franklin Steele bought the fort and 8,000 acres (32 km2) surrounding for $90,000, as the government no longer needed a frontier outpost at that location. But during the Civil War, he leased it back to the government for use as an induction station. After the war was over Steele leased the land to settlers and the city began to grow. The town of Minneapolis became a city in 1867. He ultimately became prosperous from lumber, the suspension bridge, and land deals.
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