Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
10 permits on record since 2018 · $237K total declared value · Most recent: Feb 2025 (building permit)
INNOVATIVE PROPERTY SOLUTIONS LLC
JOSEPH O'BRIEN JOE & SONS SHEET METAL
Jonathan Silbernick 2 STATE ELECTRIC INC
RYAN VAIL FAIRCON SERVICE COMPANY
RELIANT ELECTRIC INC dba: EARLYBIRD ELECTRIC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
West Side Community Organization · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 361
Light Industrial — low-impact manufacturing and warehousing
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 31,046 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 240 PLATO BLVD | HAP PLATO HOLDING CO | EXEMPT, CONDO OFFICE UNIT | $1,825,400 | 243 ft |
| 240 PLATO BLVD E | HAP PLATO HOLDING CO | EXEMPT, CONDO OFFICE UNIT | $1,534,300 | 243 ft |
| 251 W LAFAYETTE FRONTAGE RD | SCHOPFER INVESTMENTS LLC | OFFICE BUILDING 1-2 STORIES | $2,019,400 | 251 ft |
| 255 PLATO BLVD E | DFL PARTY BUILDING FUND INC | OFFICE BUILDING 1-2 STORIES | $1,287,500 | 380 ft |
| 175 LAFAYETTE RD S | AFFINITY PLUS FED CREDIT UNION | FULL SERVICE BANK | $3,644,700 | 425 ft |
| 0 STATE ST | THE PHOENIX RESIDENCE INC | EXEMPT, VACANT LAND | $282,100 | 519 ft |
| 273 LAFAYETTE FRNTGE RD W | CC52 INVESTMENTS LLC | IND WAREHOUSE | $2,085,400 | 521 ft |
| 222 PLATO BLVD E | THE PHOENIX RESIDENCE INC | EXEMPT, WELFARE/CHARIT FACILITY | $1,475,100 | 529 ft |
| 253 STATE ST | CENTRAL PARK UNITED METHODIST CHURCH | EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV | $1,608,200 | 574 ft |
| 180 STATE ST | AFFINITY PLUS FED CREDIT UNION | IND WAREHOUSE | $1,954,400 | 576 ft |
Most Recent Sale