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.
19 permits on record since 2019 · $1.2M total declared value · Most recent: Dec 2020 (fire engineering)
Michelle Cottingham LVC Companies
Michelle Cottingham LVC Companies
RUSSCO INC
DERREK SKEIE COMMERCIAL PLBG & HTG INC
DERREK SKEIE COMMERCIAL PLBG & HTG 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
Most Recent Sale
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 |
|---|---|---|---|---|
| 1385 PHALEN BLVD | PHALEN VILLAGE OZ FUND LLC | MEDICAL CLINIC | $3,876,200 | 129 ft |
| 1160 CLARENCE ST | PHALEN VILLAGE OZ FUND LLC | SUPERMARKET | $4,227,600 | 198 ft |
| 1379 PHALEN BLVD | WELLS FARGO PROP INC | FULL SERVICE BANK | $1,805,000 | 224 ft |
| 1368 PHALEN BLVD | LEMMIE DEREK CHAPMAN CHRISTINE COLLETTE CHAPMAN | TOWNHOME - TICO | $229,300 | 314 ft |
| 1362 PHALEN BLVD | HELENE J ANANOU | TOWNHOME - TICO | $219,900 | 314 ft |
| 1360 PHALEN BLVD | JUAN E ABRAHANTE LLORENS | TOWNHOME - TICO | $229,300 | 314 ft |
| 1366 PHALEN BLVD | WILBER ALBERTO MARAVILLA COREAS | TOWNHOME - TICO | $219,900 | 314 ft |
| 1364 PHALEN BLVD | FERNAND BERTHELOT | TOWNHOME - TICO | $227,800 | 314 ft |
| 0 MAGNOLIA AVE E | HOUSING AND REDEV AUTH ST PAUL | EXEMPT, VACANT LAND | $913,500 | 383 ft |
| 1342 PHALEN BLVD | COURTNEY JUVLAND | TOWNHOME - TICO | $246,700 | 405 ft |