Market Insights  /  Fishtown
Development Watch · Fishtown

1440 N Front StUnder construction

0-unit residential new construction, zoned CMX3.

Rendering of 1440 N Front St — Apartment building proposed under the El adds even more transit-accessible housing in Fishtown
Apartment building proposed under the El adds even more transit-accessible housing in Fishtown
Published rendering · via inquirer.com. Shown for informational purposes; rights belong to the original creator.See the source →
Filed plan drawing for 1440 N Front StFiled plan drawing for 1440 N Front St
From the project's plan drawings — schematic and subject to revision; not a marketing rendering.View the full plan set (PDF) →

A seven-story, 114-unit residential building is under construction at 1440 N Front Street in Fishtown, cleared to build in mid-2024 on a compact 885-square-foot lot. The project will include ground-floor shell commercial space and an accessory parking garage, topped by a walk-out roof deck. The structure uses a hybrid construction approach—Type IA for the first two floors and Type IIIA for the upper five—separated horizontally to meet code requirements, with full sprinklering and fire-retardant framing elements throughout.

Archive VIII LLC acquired the site in 2022, and the building rises by right under CMX3 zoning, which permits this scale of mixed-use development along Front Street's corridor. Recent amendments have tweaked stairway construction and ground-floor wall assemblies, reflecting the kind of technical adjustments common to projects threading code compliance needles on tight urban lots.

The development slots into a substantial Fishtown building wave, joining more than 600 residential units planned or delivered within a half-mile radius. Nearby projects include a 61-unit building at 1351-59 Frankford Avenue, a 55-unit project at 1713 N Front Street, and a 40-unit building at 1716 Frankford Avenue, among others. The density reflects Fishtown's evolution from scrappy commercial strip to residential magnet, with Front Street now a focal point for taller, transit-accessible infill.

The project's ability to pack 114 units onto such a minimal footprint—roughly the size of a suburban garage—shows how CMX3 enables aggressive vertical development on parcels that once held low-slung industrial or retail uses. As similar lots along the Front and Frankford corridors come into play, expect more projects testing the zoning envelope with hybrid construction types and creative site planning to maximize unit counts without triggering discretionary review.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~8-story by-right envelope, not the developer's design.
Units
Zoning
CMX3
By-right envelope
~8 stories
Lot
885 sq ft
Last sale
$5.2M · 2022
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 111 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.

~88buildable units
████████ Street
CMX3 · 0.41 mi away
Max bid to a builder $6.1M · Opportunity Score 100
Unlock →
~119buildable units
████████ Street
CMX3 · 0.49 mi away
Max bid to a builder $8.3M · Opportunity Score 100
Unlock →
~113buildable units
████████ Street
CMX3 · 0.38 mi away
Max bid to a builder $7.9M · Opportunity Score 99
Unlock →
~113buildable units
████████ Street
CMX3 · 0.37 mi away
Max bid to a builder $7.9M · Opportunity Score 99
Unlock →
~113buildable units
████████ Street
CMX3 · 0.37 mi away
Max bid to a builder $7.9M · Opportunity Score 99
Unlock →
Unlock the 111 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

114u1442 N Front St0.02 mi
26u1400-10 Frankford Ave0.06 mi
61u1351-59 Frankford Ave0.10 mi
9u1700 Frankford Ave0.17 mi
55u1713 N Front St0.19 mi
40u1716 Frankford Ave0.21 mi
108u1640-48 N Hancock St0.24 mi
84u130 W Girard Ave0.29 mi
In the news

What we're hearing about this project

PACE Loan Group closed a $10.6 million C-PACE loan on July 31, 2024, to complete the capital stack for the 114-unit multifamily property.
Archive Development planned to break ground by the end of summer 2023 with estimated construction costs at about $20 million for the 114-unit project at 1440 N. Front St.
The Philadelphia developer broke ground on the seven-story, 114-unit apartment building with $32 million in total development funding.
Ground floor retail space of 1,931 sq ft in the completed building with 114 residential units is available for lease immediately as of May 2026.
Philadelphia YIMBY revealed renderings in April 2023 for the seven-story, 88,497 square foot building designed by CANNOdesign with ground floor commercial space.
News items are compiled automatically and may be approximate — verify before relying on them.
Progress

How this project is moving

Interior systems ~64% complete
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.