4-unit residential new construction, zoned RM1.
A 4-unit residential building is set to rise at 830 Burns St in Fairmount & Art Museum, the kind of by-right infill quietly reshaping the block. It was cleared to build in Mar 26, 2021.
The 1,440 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2020 for $1.1M. The plans call for for the erection of an attached three-story building with a roof deck and roof deck access structure as per approved plans.structure to be used as multi-family household living for three dwelling units** building to be fully sprinklered per nfpa 13r min**separate permits required for mechanical,electrical,plumbing & fire suppression work***special inspector to be present on site at all time to monitor the selected special inspection items**.
The owner of record is Rubin Realty LLC.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 387 units of new supply — including the 49-unit project at 918 N Broad St, the 11-unit project at 1630-32 Ridge Ave, the 70-unit project at 915-23 N Broad 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 99 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 99 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.