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.
6 permits on record since 2003 · $197K total declared value · Most recent: May 2025 (roofwind)
JTR Roofing Inc
Midwest Maintenance and Mechanical Inc
Commercial Plumbing and Heating Inc
Commercial Plumbing and Heating Inc
Commercial Plumbing and Heating
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 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 |
|---|---|---|---|---|
| 115 GRANT ST W MINNEAPOLIS MN 55403 | KHOSA BEVERAGE INC | COMMERCIAL-PREFERRED | $1,112,500 | 82 ft |
| 1362 LASALLE AVE MINNEAPOLIS MN 55403 | LITTLE NUGGETS HOLDINGS LLC | COMMERCIAL-NON PREFERRED | $812,000 | 106 ft |
| 117 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $2,575,000 | 148 ft |
| 121 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | LOW INCOME RENTAL | $2,500,000 | 203 ft |
| 1365 SPRUCE PL MINNEAPOLIS MN 55403 | SPRUCE PLACE APTS L L P | APARTMENT | $2,700,000 | 226 ft |
| 1346 LASALLE AVE MINNEAPOLIS MN 55403 | AEON PRESERVATION LP | LOW INCOME RENTAL | $7,650,000 | 229 ft |
| 1368 LASALLE AVE MINNEAPOLIS MN 55403 | MN LPM APARTMENTS LLC | APARTMENT | $64,490,000 | 232 ft |
| 108 GRANT ST W MINNEAPOLIS MN 55403 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 257 ft |
| 125 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $3,150,000 | 258 ft |
| 1350 NICOLLET MALL MINNEAPOLIS MN 55403 | NICOLLET TOWERS VOA AFF HSG | LOW INCOME RENTAL | $28,830,000 | 283 ft |
Most Recent Sale
Current Tax Year