18-unit residential new construction, zoned RSA5.
A 18-unit residential building is set to rise at 186 W Oxford St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 27, 2020.
The 517 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2020 for $410K. The plans call for new construction of a three (3) story semi-detached multi-family household living[nine(9) dwelling units]**entire building to be sprinklered as per nfpa 13r.**ibc2018 **separate permit required for any mechanical, electrical, plumbing or fire suppression work** .
The owner of record is Chiu Derek.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 940 units of new supply — including the 108-unit project at 1640-48 N Hancock St, the 12-unit project at 1733-41 N 2nd St, the 114-unit project at 1442 N Front 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 121 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 121 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.