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.
7 permits on record since 2017 · $2.3M total declared value · Most recent: Jun 2022 (commfdrr)
SHAMROCK GROUP
Steinkraus Plumbing Inc
ALL SYSTEMS MECHANICAL LLC
Steinkraus Plumbing Inc
DERING PIERSON GROUP
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 |
|---|---|---|---|---|
| 1313 NICOLLET MALL MINNEAPOLIS MN 55403 | CAPP HOTEL MINNEAPOLIS LLC | COMMERCIAL-PREFERRED | $16,660,000 | 172 ft |
| 14 GRANT ST E MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $7,130,000 | 186 ft |
| 15 GRANT ST E MINNEAPOLIS MN 55403 | LORING TOWERS MN HOUSING L P | LOW INCOME RENTAL | $16,390,000 | 221 ft |
| 1314 MARQUETTE AVE MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $23,870,000 | 305 ft |
| 14 GRANT ST W MINNEAPOLIS MN 55403 | JKL PARTNERS LLC | COMMERCIAL-PREFERRED | $6,780,000 | 312 ft |
| 1355 NICOLLET AVE MINNEAPOLIS MN 55403 | LORING 100 PARTNERSHIP | LOW INCOME RENTAL | $6,900,000 | 335 ft |
| 1300 NICOLLET MALL MINNEAPOLIS MN 55403 | W NICOLLET OWNER VIII LLC | COMMERCIAL-NON PREFERRED | $56,475,000 | 340 ft |
| 1350 NICOLLET MALL MINNEAPOLIS MN 55403 | NICOLLET TOWERS VOA AFF HSG | LOW INCOME RENTAL | $28,830,000 | 389 ft |
| 101 GRANT ST E MINNEAPOLIS MN 55403 | SUBSTANCE CHURCH INC | COMMERCIAL-PREFERRED | $0 | 430 ft |
| 1325 1ST AVE S MINNEAPOLIS MN 55403 | SUBSTANCE CHURCH INC | COMMERCIAL-PREFERRED | $0 | 464 ft |
Most Recent Sale
Current Tax Year