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.
29 permits on record since 2018 · $1.1M total declared value · Most recent: Jan 2025 (building permit)
COBECK CONSTRUCTION COMPANY
COBECK CONSTRUCTION COMPANY
ZACK GORG COLLINS ELECTRICAL CONSTRUCTION CO
JEFF ULRICH NASSEFF MECHANICAL
DEHMER ELECTRIC SERVICE LLC
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 56,889 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 278 STATE ST | CEC 278RE LLC | IND WAREHOUSE | $1,697,200 | 251 ft |
| 251 W LAFAYETTE FRONTAGE RD | SCHOPFER INVESTMENTS LLC | OFFICE BUILDING 1-2 STORIES | $2,019,400 | 271 ft |
| 308 STATE ST | JAMES K MCCLEARY TR | IND WAREHOUSE | $1,013,100 | 439 ft |
| 299 LAFAYETTE RD | PSA INVESTORS ONE, LP | MINI STORAGE/WAREHOUSE | $14,948,500 | 450 ft |
| 240 PLATO BLVD E | HAP PLATO HOLDING CO | EXEMPT, CONDO OFFICE UNIT | $1,534,300 | 471 ft |
| 240 PLATO BLVD | HAP PLATO HOLDING CO | EXEMPT, CONDO OFFICE UNIT | $1,825,400 | 471 ft |
| 245 LAFAYETTE RD | ARIANA INVESTMENTS LLC | OFFICE BUILDING 1-2 STORIES | $1,110,300 | 521 ft |
| 295 STATE ST | LEE HOLDING LLC | IND WAREHOUSE | $4,958,100 | 566 ft |
| 253 STATE ST | CENTRAL PARK UNITED METHODIST CHURCH | EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV | $1,608,200 | 608 ft |
| 264 LAFAYETTE FRONTAGE RD E | RBP REALTY LLC | FLEX INDUSTRIAL CENTER | $3,929,000 | 638 ft |
Most Recent Sale