Walmart opened its 150,000-square-foot store, its second in the county and 27th in the state, on ApThe Home Depot followed suit with the opening of its 115,000-suqare-foot store just north of Walmart on August 16, 2001. The first independent retail businesses at the Business Park were Walmart and The Home Depot. The village is chartered by the tribe as a consolidated borough with a council-manager government. Quil Ceda Village is the first tribal political subdivision in the nation established under this Act, and the only federal municipality besides Washington, D.C. It provides essential government functions. In 2001, the Bureau of Indian Affairs approved the Village's status as a tribal municipality, and the IRS 'designated the village as a political subdivision of the federally recognized tribe' under provisions of the Indian Tribal Governmental Tax Status Act of 1982. The retail section began with Walmart and The Home Depot stores in 2001.

The land was originally home to a testing site that was leased by the United States Department of Defense for ammunition storage in the 1940s and 1950s and later Boeing for jet engine testing until 2000. The Business Park contains the Tulalip Resort Casino, big box stores Walmart and The Home Depot, Seattle Premium Outlets (a 500,000-square foot (46,452-square meter), 125-tenant open-air mall opened in 2005), Cabela's, and several restaurants, such as Olive Garden and the Ram Brewery. The tribe developed the 495-acre (200.32 hectare) village and related business park to further its goal to diversify its economy with funds generated by its successful casino operations, the first enterprise in the business park.

It includes the Quil Ceda Village Business Park, a commercial development constructed and operated by the tribe. Quil Ceda Village ( Lushootseed: qʷəl'sidəʔ ʔalʔaltəd) is a municipality established by the federally recognized Tulalip Tribes of Washington within the Tulalip Indian Reservation in Snohomish County.

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