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.
4 permits on record since 2020 · $8.7M total declared value · Most recent: Jun 2022 (commfdnr)
Custom Refrigeration Inc
Cool Air Mechanical Inc
Budget Plumbing Corp
STAHL 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 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 |
|---|---|---|---|---|
| 1024 HAWTHORNE AVE MINNEAPOLIS MN 55403 | ALBA LODGING LLC | COMMERCIAL-PREFERRED | $5,811,000 | 160 ft |
| 41 10TH ST N MINNEAPOLIS MN 55403 | MINNEAPOLIS VENTURE LLC | LAND-COMMERCIAL | $2,497,500 | 162 ft |
| 1021 HAWTHORNE AVE MINNEAPOLIS MN 55403 | MINNEAPOLIS CITY PARKING LLC | LAND-COMMERCIAL | $2,456,800 | 276 ft |
| 1011 CURRIE AVE MINNEAPOLIS MN 55403 | THE SALVATION ARMY | LAND-COMMERCIAL | $0 | 285 ft |
| 1015 CURRIE AVE MINNEAPOLIS MN 55403 | 1025 CURRIE AVE W MINN LLC | COMMERCIAL-PREFERRED | $684,000 | 299 ft |
| 1025 HAWTHORNE AVE MINNEAPOLIS MN 55403 | MINNEAPOLIS CITY PARKING LLC | LAND-COMMERCIAL | $767,500 | 305 ft |
| 62 11TH ST N MINNEAPOLIS MN 55403 | 1025 CURRIE AVE W MINN LLC | LAND-COMMERCIAL | $94,400 | 312 ft |
| 1019 CURRIE AVE MINNEAPOLIS MN 55403 | 1025 CURRIE AVE W MINN LLC | COMMERCIAL-PREFERRED | $477,000 | 316 ft |
| 910 HENNEPIN AVE MINNEAPOLIS MN 55403 | HENNEPIN THEATRE TRUST | COMMERCIAL-PREFERRED | $0 | 333 ft |
| 36 10TH ST N MINNEAPOLIS MN 55403 | HENNEPIN THEATRE TRUST | COMMERCIAL-PREFERRED | $0 | 341 ft |
Current Tax Year