Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Phalen Village Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality Zones ↗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 ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗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 ↗The Phalen Village corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.
Metro Council — Environmental Response Fund ↗Signals are based on public datasets; program eligibility requires verification.
6 permits on record since 2017 · $50K total declared value · Most recent: Apr 2024 (fire engineering)
Diego Nevares Master Technology Group Inc
Diego Nevares Master Technology Group Inc
NORWAY ELECTRIC COMPANY INC
STEVE HALVERSON GEPHART ELECTRIC
RYAN JOHNSON SPECTRUM SIGN SYSTEMS INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Greater East Side Community Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 317.02
Traditional Neighborhood 2 — moderate mixed-use corridor
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 |
|---|---|---|---|---|
| 1405 ROSE AVE E | C+M THOR PROPERTIES LLC | APARTMENTS 4-6 RENTAL UNITS | $428,400 | 114 ft |
| 0 PHALEN BLVD | CITY OF ST PAUL | EXEMPT, VACANT LAND | $52,300 | 124 ft |
| 1402 MARYLAND AVE E | JACOB WIECHMANN | SINGLE FAMILY DWELLING, PLATTED LOT | $213,800 | 132 ft |
| 1399 ROSE AVE E | C+M THOR PROPERTIES LLC | APARTMENTS 4-6 RENTAL UNITS | $446,900 | 166 ft |
| 1396 MARYLAND AVE E | JENNIFER BEDNARSKI | SINGLE FAMILY DWELLING, PLATTED LOT | $217,000 | 179 ft |
| 1180 PROSPERITY AVE | PHALEN VILLAGE APARTMENTS LP | APARTMENTS 50-99 RENTAL UNITS | $13,938,700 | 267 ft |
| 0 MARYLAND AVE E | ROSALIE Y CHAN TR | COMMERCIAL VACANT LAND | $140,600 | 304 ft |
| 0 MARYLAND AVE E | ROSALIE Y CHAN TR | COMMERCIAL VACANT LAND | $111,800 | 316 ft |
| 1401 MARYLAND AVE E | ROSALIE Y CHAN TR | MEDIUM DETACHED RETAIL | $1,700,300 | 348 ft |
| 1379 PHALEN BLVD | WELLS FARGO PROP INC | FULL SERVICE BANK | $1,805,000 | 360 ft |