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 ↗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.
240 permits on record since 2000 · $98.3M total declared value · Most recent: Jun 2026 (commfdnr)
Modern Heating & Air Conditioning LLC
Modern Heating & Air Conditioning LLC
Modern Heating & Air Conditioning LLC
Alexander Plumbing LLC
MISSION 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 1044
Zip code 55402
Source: Redfin Data Center (Invalid Date) · Zip 55402
Downtown Center 2 — downtown frame 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 |
|---|---|---|---|---|
| 47 8TH ST S MINNEAPOLIS MN 55402 | 811 PROPERTY LLC | COMMERCIAL-PREFERRED | $81,300 | 150 ft |
| MN | Unknown | — | — | 184 ft |
| 811 LASALLE AVE MINNEAPOLIS MN 55402 | 811 PROPERTY LLC | COMMERCIAL-NON PREFERRED | $3,150,900 | 184 ft |
| 801 LASALLE AVE MINNEAPOLIS MN 55402 | LASALLE PLAZA RAMP LLC | COMMERCIAL-PREFERRED | $8,640,000 | 184 ft |
| 45 8TH ST S MINNEAPOLIS MN 55402 | GLM LLC | COMMERCIAL-NON PREFERRED | $9,604,000 | 184 ft |
| 811 NICOLLET MALL MINNEAPOLIS MN 55402 | MIDWEST PLAZA LTD | COMMERCIAL-PREFERRED | $672,000 | 201 ft |
| 811 NICOLLET MALL MINNEAPOLIS MN 55402 | F W KNOBLAUCH ET AL TRUST | LAND-COMMERCIAL | $486,000 | 204 ft |
| 50 9TH ST S MINNEAPOLIS MN 55402 | RBF INVESTMENTS INC | COMMERCIAL-PREFERRED | $1,250,000 | 213 ft |
| 813 NICOLLET MALL MINNEAPOLIS MN 55402 | NICOLLET OFFICE FEE OWNER LL | COMMERCIAL-PREFERRED | $236,000 | 216 ft |
| 815 NICOLLET MALL MINNEAPOLIS MN 55402 | 815 NICOLLET LLC | COMMERCIAL-PREFERRED | $2,092,500 | 220 ft |
Most Recent Sale
Current Tax Year