ParcelLens
Property Intelligence · Twin Cities
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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.
17 permits on record since 2001 · $40.5M total declared value · Most recent: Apr 2026 (commfdrr)
Associated Mechanical Contractors Inc
Quality Trusted Commercial Construction and roofin
QUALITY TRUSTED COMMERCIAL CONSTRUCTION & ROOFING
Gilbert Mechanical Contractors LLC
QUALITY TRUSTED COMMERCIAL CONSTRUCTION & ROOFING
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 |
|---|---|---|---|---|
| 1221 NICOLLET MALL MINNEAPOLIS MN 55403 | WESTMINISTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 155 ft |
| 1221 NICOLLET MALL MINNEAPOLIS MN 55403 | WESTMINISTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 155 ft |
| MN | Unknown | — | — | 155 ft |
| 1226 MARQUETTE AVE MINNEAPOLIS MN 55403 | WESTMINSTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 230 ft |
| 1201 MARQUETTE AVE MINNEAPOLIS MN 55403 | J3 LLC | COMMERCIAL-PREFERRED | $2,240,000 | 297 ft |
| 1101 NICOLLET MALL MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 306 ft |
| 1219 MARQUETTE AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | COMMERCIAL-PREFERRED | $785,700 | 326 ft |
| 1100 MARQUETTE AVE MINNEAPOLIS MN 55403 | MINNESOTA ORCHESTRAL ASSOC | COMMERCIAL-PREFERRED | $0 | 354 ft |
| 1117 MARQUETTE AVE MINNEAPOLIS MN 55403 | BOLERO FLATS APARTMENTS LLC | APARTMENT | $36,590,000 | 418 ft |
| 1314 MARQUETTE AVE MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $23,870,000 | 449 ft |
Current Tax Year