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.
181 permits on record since 2000 · $93.7M total declared value · Most recent: Jun 2026 (commaj)
Modern Heating & Air Conditioning LLC
GREINER CONSTRUCTION
GARDNER BUILDERS
Modern Heating & Air Conditioning LLC
Modern Heating & Air Conditioning LLC
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
Zip code 55402
Source: Redfin Data Center (Invalid Date) · Zip 55402
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 |
|---|---|---|---|---|
| 651 NICOLLET MALL MINNEAPOLIS MN 55402 | GAVIIDAE COMMONS LLC | COMMERCIAL-PREFERRED | $1,820,000 | 179 ft |
| 651 NICOLLET MALL MINNEAPOLIS MN 55402 | KB MINNEAPOLIS DST | COMMERCIAL-PREFERRED | $10,850,000 | 179 ft |
| MN | Unknown | — | — | 179 ft |
| 651 NICOLLET MALL MINNEAPOLIS MN 55402 | YMCA OF GREATER TWIN CITIES | LAND-COMMERCIAL | $150,000 | 179 ft |
| 601 NICOLLET MALL MINNEAPOLIS MN 55402 | UGP GAVIIDAE COMMONS LLC | COMMERCIAL-PREFERRED | $5,350,000 | 179 ft |
| 601 NICOLLET MALL MINNEAPOLIS MN 55402 | KB MINNEAPOLIS DST | COMMERCIAL-PREFERRED | $850,000 | 179 ft |
| MN | Unknown | — | — | 179 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | SEVENTH & NIC LLC | COMMERCIAL-PREFERRED | $1,800,000 | 190 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | PRAEDIUM GAVIIDAE CMNS LLC | COMMERCIAL-PREFERRED | $1,964,300 | 190 ft |
| MN | Unknown | — | — | 190 ft |
Most Recent Sale
Current Tax Year