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 ↗Signals are based on public datasets; program eligibility requires verification.
19 permits on record since 2015 · $201K total declared value · Most recent: Jun 2025 (mechanical)
JEFFREY BORNS CORPORATE MECHANICAL INC
Kristen Scharbach Quality Trusted Commercial Construction & Roofing
Kristen Scharbach Quality Trusted Commercial Construction & Roofing
TYLER Egan Company
JEFFREY BORNS CORPORATE MECHANICAL INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Payne-Phalen District 5 Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 330
General Industrial — medium-intensity manufacturing and processing
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 182,715 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 0 MISSISSIPPI ST | CLEAR CHANNEL OUTDOOR INC | INDUSTRIAL, VACANT LAND | $255,000 | 315 ft |
| 735 OLIVE ST | WILLOW PROPERTIES #38 LLC | MANUFACTURING AND ASSEMBLY LIGHT | $5,026,800 | 359 ft |
| 0 UNIVERSITY AVE E | HEALTH PARTNERS REAL ESTATE | INDUSTRIAL, VACANT LAND | $252,700 | 374 ft |
| 645 OLIVE ST | SIEWERT PROPERTIES LLC | MANUFACTURING AND ASSEMBLY LIGHT | $5,062,800 | 398 ft |
| 0 MISSISSIPPI ST | REGIONS HOSPITAL | COMMERCIAL VACANT LAND | $47,200 | 462 ft |
| 0 UNIVERSITY AVE E | HEALTH PARTNERS REAL ESTATE | INDUSTRIAL, VACANT LAND | $165,800 | 509 ft |
| 355 UNIVERSITY AVE E | HEALTH PARTNERS REAL ESTATE | INDUSTRIAL, VACANT LAND | $143,600 | 546 ft |
| 0 UNIVERSITY AVE E | HEALTH PARTNERS REAL ESTATE | INDUSTRIAL, VACANT LAND | $24,700 | 548 ft |
| 720 OLIVE ST | NORTH CENTRAL STATES REGIONAL | FLEX INDUSTRIAL CENTER | $12,368,000 | 580 ft |
| 335 UNIVERSITY AVE E | HEALTH PARTNERS REAL ESTATE | COMMERCIAL VACANT LAND | $412,300 | 587 ft |
Most Recent Sale