Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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.
22 permits on record since 2015 · $2.1M total declared value · Most recent: Jul 2023 (electrical)
Adam Werner REGENCY ELECTRIC LLC
BLACK DOG CONSTRUCTION AND REMODELING LLC
Adam Werner REGENCY ELECTRIC LLC
GREINER CONSTRUCTION
Zachary Otto LIMESTONE FIRE AND SECURITY LLC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Summit-University 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 337
Traditional Neighborhood 3 — medium-intensity mixed-use
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 |
|---|---|---|---|---|
| 241 AURORA AVE | VA REAL ESTATE LLC | TWO FAMILY DWELLING - SIDE/SIDE | $216,700 | 126 ft |
| 237 AURORA AVE | VA REAL ESTATE LLC | TWO FAMILY DWELLING - SIDE/SIDE | $217,200 | 132 ft |
| 247 AURORA AVE | AIMING CHEN | TWO FAMILY DWELLING - SIDE/SIDE | $224,300 | 132 ft |
| 0 AURORA AVE | MCDONALDS CORP | COMMERCIAL MINIMUM IMPROVEMENT | $97,300 | 147 ft |
| 249 AURORA AVE | SY MENG | SINGLE FAMILY DWELLING, PLATTED LOT | $309,700 | 156 ft |
| 0 AURORA AVE | MCDONALDS CORP | COMMERCIAL VACANT LAND | $92,600 | 170 ft |
| 261 AURORA AVE | LAURA L PERDUE | SINGLE FAMILY DWELLING, PLATTED LOT | $225,300 | 195 ft |
| 0 AURORA AVE | MCDONALDS CORP | COMMERCIAL VACANT LAND | $92,600 | 197 ft |
| 253 UNIVERSITY AVE W | ST PAUL HRA | EXEMPT PROP. OWNED BY MUNICIPALS | $233,400 | 261 ft |
| 255 UNIVERSITY AVE W | ST PAUL HRA | EXEMPT, OFFICE BUILDING | $214,400 | 290 ft |