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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
6 permits on record since 2006 · $165K total declared value · Most recent: Oct 2024 (roofwind)
QUALITY TRUSTED COMMERCIAL CONSTRUCTION & ROOFING
A PANE IN THE GLASS CONSTRUCTION LLC
A PANE IN THE GLASS CONSTRUCTION LLC
A PANE IN THE GLASS CONSTRUCTION LLC
Universal Windows Direct Twin Cities
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 1056
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Residential Mixed-Use 2 — medium-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 4,187 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 205 15TH ST W MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $2,175,000 | 60 ft |
| 1512 SPRUCE PL MINNEAPOLIS MN 55403 | LORING MANOR LLP | APARTMENT | $1,925,000 | 111 ft |
| 209 15TH ST W MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $1,475,000 | 118 ft |
| 1430 SPRUCE PL MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $3,850,000 | 165 ft |
| 219 15TH ST W MINNEAPOLIS MN 55403 | GRENDAHL PARK III LLC | VACANT LAND-APARTMENT | $394,800 | 166 ft |
| 1507 SPRUCE PL MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | RESIDENTIAL | $392,400 | 172 ft |
| 1518 SPRUCE PL MINNEAPOLIS MN 55403 | LORING MANOR L L P | APARTMENT | $1,925,000 | 174 ft |
| 115 15TH ST W MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $2,190,000 | 176 ft |
| 1511 SPRUCE PL MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $2,232,000 | 180 ft |
| 1515 SPRUCE PL MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $2,106,000 | 200 ft |
Current Tax Year