Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
8 permits on record since 2020 · $308K total declared value · Most recent: Aug 2023 (res)
Baxter Mechanical, Inc
Baxter Mechanical, Inc
Baxter Mechanical, Inc
FIRESIDE HEARTH AND HOME
GIERTSEN CO OF MINNESOTA INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 77
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
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 |
|---|---|---|---|---|
| 223 28TH ST W MINNEAPOLIS MN 55408 | D LOCKBEAM & J WOODWARD | CONDOMINIUM | $270,000 | 0 ft |
| 225 28TH ST W MINNEAPOLIS MN 55408 | JOSEPH KEARNEY | CONDOMINIUM | $266,000 | 0 ft |
| 227 28TH ST W MINNEAPOLIS MN 55408 | MICHAEL JOHN GRIMM | CONDOMINIUM | $270,000 | 0 ft |
| 2809 PLEASANT AVE MINNEAPOLIS MN 55408 | AREH 2809 PLEASANT LLC | APARTMENT | $1,872,000 | 79 ft |
| 2801 PLEASANT AVE MINNEAPOLIS MN 55408 | MATTHEW CHARTRAND | RESIDENTIAL-TWO UNIT | $339,600 | 82 ft |
| 211 28TH ST W MINNEAPOLIS MN 55408 | PPL DECC LIMITED PARTNERSHIP | LOW INCOME RENTAL | $696,000 | 106 ft |
| 2815 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $706,000 | 141 ft |
| 224 28TH ST W MINNEAPOLIS MN 55408 | JULIA FERNANDEZ MENDOZA | RESIDENTIAL-TWO UNIT | $278,600 | 148 ft |
| 216 28TH ST W MINNEAPOLIS MN 55408 | XIAN JIN LI | RESIDENTIAL | $190,500 | 149 ft |
| 226 28TH ST W MINNEAPOLIS MN 55408 | KATHLEEN M LASCH & J E LASCH | RESIDENTIAL | $304,800 | 158 ft |