On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
14 permits on record since 2017 · $40.9M total declared value · Most recent: Sep 2023 (commercial minor)
Jayhawk Mechanical Inc
TJK PLUMBING INC
Quality Refrigeration Inc
Metropolitan Mechanical Contractors Inc
Metropolitan Mechanical Contractors Inc
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
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 |
|---|---|---|---|---|
| 1517 LASALLE AVE MINNEAPOLIS MN 55403 | CHDC LASALLE LLC | LOW INCOME RENTAL | $5,217,000 | 166 ft |
| 17 15TH ST W MINNEAPOLIS MN 55403 | MN SOCIAL LLC | COMMERCIAL-PREFERRED | $200,100 | 168 ft |
| 1525 LASALLE AVE MINNEAPOLIS MN 55403 | 1525 LASALLE LLC | APARTMENT | $2,687,000 | 182 ft |
| 19 15TH ST W MINNEAPOLIS MN 55403 | MN SOCIAL LLC | COMMERCIAL-PREFERRED | $485,400 | 200 ft |
| 1601 NICOLLET AVE MINNEAPOLIS MN 55403 | FUENTES LLC | LAND-COMMERCIAL | $0 | 202 ft |
| 14 OAK GROVE ST MINNEAPOLIS MN 55403 | 14 OAK GROVE LLC | APARTMENT | $2,308,000 | 203 ft |
| 22 OAK GROVE ST MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAMILY LP | APARTMENT | $2,385,000 | 237 ft |
| 1501 LASALLE AVE MINNEAPOLIS MN 55403 | THE PARKWAY LLC | APARTMENT | $5,362,000 | 252 ft |
| 1523 NICOLLET AVE MINNEAPOLIS MN 55403 | JAMES D WOELM | COMMERCIAL-PREFERRED | $571,700 | 268 ft |
| 9 16TH ST E MINNEAPOLIS MN 55403 | FUENTES LLC | COMMERCIAL-PREFERRED | $0 | 270 ft |
Most Recent Sale
Current Tax Year