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.
17 permits on record since 2003 · $6.9M total declared value · Most recent: Aug 2020 (commercial multi-family)
UHL Company Inc
Hage Construction Co
P and D Mechanical Contracting Co
Alliance Mechanical Services Inc
Spriggs Plumbing & Heating 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
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
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 428 GROVELAND AVE MINNEAPOLIS MN 55403 | GROVELAND HOUSE LLC | RESIDENTIAL | $1,008,400 | 234 ft |
| 418 GROVELAND AVE MINNEAPOLIS MN 55403 | MPLS UPTOWN RENTALS 418 LLC | RESIDENTIAL-TWO UNIT | $626,200 | 272 ft |
| 431 CLIFTON PL MINNEAPOLIS MN 55403 | ROBERT DANIELS/LORI DANIELS | RESIDENTIAL-TWO UNIT | $661,300 | 285 ft |
| 24 DELL PL MINNEAPOLIS MN 55403 | HENNEPIN AVE UNITED METHD CH | LAND-COMMERCIAL | $0 | 285 ft |
| 401 GROVELAND AVE MINNEAPOLIS MN 55403 | GROVELAND LLC | COMMERCIAL-PREFERRED | $801,000 | 319 ft |
| 421 CLIFTON AVE MINNEAPOLIS MN 55403 | ALAIN BINA-KASHANI | RESIDENTIAL | $1,167,000 | 338 ft |
| 1730 CLIFTON PL MINNEAPOLIS MN 55403 | 21ST CENTURY TRIBAL SVCS LLC | COMMERCIAL-PREFERRED | $0 | 370 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $17,044,300 | 459 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $317,900 | 459 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $419,100 | 459 ft |
Current Tax Year