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.
12 permits on record since 2016 · $527K total declared value · Most recent: Dec 2022 (building permit)
MARIA PETROVA
SETH HOLM HUNT ELECTRIC CORPORATION
Positively 2nd St Ne Llc
Mr. Steven Johnson REGENCY PLUMBING INC
KRENIK JAMES GENERAL SHEET METAL COMPANY LLC
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
Light Industrial — low-impact manufacturing and warehousing
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 3-story wood frame (5–12 units) benchmarks for 5,163 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 616 PINE ST | ZUSE LLC | IND WAREHOUSE | $1,253,300 | 118 ft |
| 0 OLIVE ST | MERITEX LAFAYETTE PARK LLC | INDUSTRIAL, VACANT LAND | $294,800 | 139 ft |
| 0 OLIVE ST | MERITEX ENTERPRISES INC | COMMERCIAL VACANT LAND | $30,400 | 164 ft |
| 350 UNIVERSITY AVE E | BMM PROPERTIES LLC | IND WAREHOUSE | $1,751,700 | 199 ft |
| 355 UNIVERSITY AVE E | HEALTH PARTNERS REAL ESTATE | INDUSTRIAL, VACANT LAND | $143,600 | 258 ft |
| 384 13TH ST | SCHMIDT DISPOSAL AND RECYCLING KELLIE L SCHMIDT | IND WAREHOUSE | $412,300 | 266 ft |
| 334 UNIVERSITY AVE E | DISTRICT ENERGY ST PAUL INC | IND WAREHOUSE | $402,900 | 322 ft |
| 0 UNIVERSITY AVE E | HEALTH PARTNERS REAL ESTATE | INDUSTRIAL, VACANT LAND | $24,700 | 325 ft |
| 645 OLIVE ST | SIEWERT PROPERTIES LLC | MANUFACTURING AND ASSEMBLY LIGHT | $5,062,800 | 353 ft |
| 603 PINE ST | STATE OF MN ADMIN | EXEMPT PROP. OWNED BY STATE OF MN | $860,200 | 360 ft |
Most Recent Sale