Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within the Downtown Saint Paul Cultural District — defined by I-94 north, Lafayette Bridge east, the Mississippi River south, and Chestnut Rd west. Cultural STAR funds prioritize nonprofits and arts/culture projects in this boundary.
Saint Paul — Cultural District ↗Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Saint Paul — 4d Affordable Housing Incentive ↗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 ↗Cultural STAR grants fund arts, heritage, and cultural projects within the Downtown Cultural District. At least 80% of Cultural STAR goes to nonprofits located in the district; for-profit applicants may also be considered.
Saint Paul — STAR Program ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.
Metro Council — Environmental Response Fund ↗Signals are based on public datasets; program eligibility requires verification.
32 permits on record since 2015 · $16.1M total declared value · Most recent: Feb 2025 (elevating device)
ALL CITY ELEVATOR INC
ALL CITY ELEVATOR INC
TOM MOORE ASSOCIATED MECH CONTRACTORS INC
TOM MOORE ASSOCIATED MECH CONTRACTORS INC
Ms. Laura Rath LIFE SAFETY SYSTEMS INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
CapitolRiver Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 342.01
Central Business — downtown Saint Paul core
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 24 4TH ST E | GRANYON LLC MPC FUTURES LLC | OFFICE BUILDING 1-2 STORIES | $603,200 | 105 ft |
| 14 4TH ST E | RC COMMERCE LLC | APARTMENT MISC IMPROVEMENT | $37,700 | 145 ft |
| 46 4TH ST E 3 | MINNESOTA VISTAS LLC | APARTMENTS 50-99 RENTAL UNITS | $7,062,100 | 151 ft |
| 46 4TH ST E 2 | MINNESOTA PLACE LLC | APARTMENTS 50-99 RENTAL UNITS | $8,451,500 | 151 ft |
| 46 4TH ST E 1 | MINNESOTA PARK LLC | RETAIL CONDOMINIUM | $686,600 | 151 ft |
| 11 KELLOGG BLVD E | 11 EAST KELLOGG BOULEVARD LLC | HOTEL | $16,755,600 | 172 ft |
| 4 4TH ST E | RC COMMERCE LLC | APARTMENT MISC IMPROVEMENT | $92,000 | 205 ft |
| 10 4TH ST E | RC COMMERCE LLC | APARTMENTS 50-99 RENTAL UNITS | $3,583,100 | 212 ft |
| 10 4TH ST E | RC COMMERCE LLC | APARTMENTS 20-49 RENTAL UNITS | $3,229,200 | 212 ft |
| 320 WABASHA ST N | 11 EAST KELLOGG BOULEVARD LLC | PARKING RAMP | $2,169,600 | 226 ft |
Most Recent Sale