5-unit residential new construction, zoned RSA3.
A 5-unit residential building is set to rise at 5928 Walnut St in West Philadelphia, the kind of by-right infill quietly reshaping the block. It was cleared to build in Feb 20, 2025.
The 2,646 sq ft site is zoned RSA3, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2017 for $40K. The plans call for for the construction of a three (3) story semi-detached structure to be sprinklered in accordance with nfpa 13 throughout. for use as six (6) dwelling units (group r-2) including two (2) type b units. all work to be done as per approved plans and in accordance with the 2018 ibc. if field conditions vary contact design engineer prior to the start of any work. *separate permits required for mechanical, electrical, plumbing, excavation, and fire suppression work.* **3-31-2025 amendment to correct number of dwelling units identified in co and permit language** .
The owner of record is City Block Acquisition Vi. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.
For now it stands out on its block — there's little other major development within a half-mile, which makes the surrounding under-built parcels worth a closer look as this density arrives.
We'll update this page as the project progresses — leasing, retail tenants, renderings, and construction milestones as they surface. The relevant question for investors and agents: what are the surrounding parcels worth to a builder now that this is coming?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 107 under-built parcels within a half-mile that a developer could still acquire and build — each carrying a builder's max bid. Addresses and figures are members-only.
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