Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
140 permits on record since 2001 · $107.4M total declared value · Most recent: Mar 2026 (commfdnr)
Legacy Companies Inc
Davis Mechanical Systems, Inc.
Legacy Companies Inc
Davis Mechanical Systems, Inc.
KMS CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02
Market data unavailable for zip code 55487.
Downtown Center 1 — urban core district
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 |
|---|---|---|---|---|
| 505 4TH AVE S MINNEAPOLIS MN 55415 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $0 | 369 ft |
| 625 4TH AVE S MINNEAPOLIS MN 55415 | COUNTY OF HENNEPIN | COMMERCIAL-PREFERRED | $0 | 390 ft |
| 201 6TH ST S MINNEAPOLIS MN 55402 | 225 6TH ST PROP OWNER LLC | COMMERCIAL-NON PREFERRED | $131,580,000 | 419 ft |
| 523 2ND AVE S MINNEAPOLIS MN 55402 | U S BANK N A | COMMERCIAL-NON PREFERRED | $111,140,000 | 457 ft |
| 216 7TH ST S MINNEAPOLIS MN 55402 | MINNEAPOLIS HOTEL GROUP LLC | COMMERCIAL-PREFERRED | $1,514,000 | 479 ft |
| 415 5TH ST S MINNEAPOLIS MN 55415 | UGP-415 SOUTH 5TH LLC | COMMERCIAL-NON PREFERRED | $13,600,000 | 516 ft |
| 600 5TH AVE S MINNEAPOLIS MN 55415 | 625 PARKING LLC | COMMON AREA | $0 | 537 ft |
| 600 5TH AVE S MINNEAPOLIS MN 55415 | FLT SORA LLC | APARTMENT | $950,000 | 537 ft |
| 600 5TH AVE S MINNEAPOLIS MN 55415 | FLT SORA LLC | APARTMENT | $14,910,000 | 537 ft |
| 600 5TH AVE S MINNEAPOLIS MN 55415 | 625 PARKING LLC | COMMERCIAL-PREFERRED | $5,370,000 | 537 ft |
Current Tax Year