4-unit residential new construction, zoned CMX3.
A 4-unit residential building is set to rise at 3651 N 15th St in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 21, 2021.
The 1,598 sq ft site is zoned CMX3, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2019 for $16K. The plans call for for the erection of an attached, light-framed struture to include engineered braced wall configuration, engineered stud wall installation, insulation installation, rated floor/ceiling assmembly, rated exterior walls, rated shaft enclosure assemblies, egress window well, and balcony installation. (ibc 2018, enhanced envelope performance) **separate permits to be required for electrical, plumbing, mechanical, and fire suppression system installation.**.
The owner of record is K&K 3649 N 15 LLC.
It isn't rising in isolation. Within a half-mile, 4 other major projects have broken ground since 2022 — roughly 110 units of new supply — including the 30-unit project at 3725-37 Pulaski Ave, the 10-unit project at 1903 W Erie Ave, the 43-unit project at 3249 N 16th St. That kind of concentration is exactly what pulls land values, and buyer attention, toward a block.
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?
As this density arrives, InvestPHL is tracking 142 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.
Unlock the 142 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.