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 ↗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 ↗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.
77 permits on record since 2000 · $11.5M total declared value · Most recent: Apr 2026 (commfdrr)
Modern Heating & Air Conditioning LLC
CRAWFORD MERZ LLC
Warners Stellian Co Inc
ANDERSON CC INC
CRAWFORD MERZ 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 1044
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
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 |
|---|---|---|---|---|
| 933 MARQUETTE AVE MINNEAPOLIS MN 55402 | MAR-TEN VII LLC | COMMERCIAL-PREFERRED | $1,053,000 | 98 ft |
| 900 2ND AVE S MINNEAPOLIS MN 55402 | FORUM OFFICE REALTY LLC ETAL | COMMERCIAL-PREFERRED | $4,553,800 | 175 ft |
| 921 MARQUETTE AVE MINNEAPOLIS MN 55402 | MAR-TEN VII LLC | COMMERCIAL-PREFERRED | $1,588,000 | 195 ft |
| 921 MARQUETTE AVE MINNEAPOLIS MN 55402 | MAR-TEN VII LLC | COMMERCIAL-PREFERRED | $859,000 | 208 ft |
| 200 10TH ST S MINNEAPOLIS MN 55403 | BRIAN P SHORT TRUSTEE | LAND-COMMERCIAL | $862,500 | 239 ft |
| 919 2ND AVE S MINNEAPOLIS MN 55402 | B P SHORT TRUSTEE | LAND-COMMERCIAL | $415,800 | 242 ft |
| 901 2ND AVE S MINNEAPOLIS MN 55402 | BRIAN P SHORT TRUSTEE | LAND-COMMERCIAL | $644,800 | 260 ft |
| 901 MARQUETTE AVE MINNEAPOLIS MN 55402 | 901 MARQUETTE LLC | COMMERCIAL-PREFERRED | $35,000,000 | 266 ft |
| 207 9TH ST S MINNEAPOLIS MN 55402 | ST PAUL DEVELOPMENT CORP | COMMERCIAL-PREFERRED | $1,248,300 | 317 ft |
| 1001 MARQUETTE AVE MINNEAPOLIS MN 55403 | JPMC 2018-MINN SS TRA LLC | COMMERCIAL-NON PREFERRED | $100,715,500 | 334 ft |
Most Recent Sale
Current Tax Year