7-unit residential new construction, zoned RM1.
A 7-unit residential building is set to rise at 1639 Germantown Ave in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Apr 29, 2026.
The 1,166 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 2024 for $75K. The plans call for for new construction of a three- story wood-frame attached structure on reinforced concrete footings/foundations with two roof decks. for use as a multi-family household liivng for seven (7) dwelling units throughout. building shall be fully sprinklered per nfpa 13r min. separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. **protection of right-of-way / pedestrians / adjacent properties required during all construction.**energy code compliance in accordance with 2018 iecc.** amended as of 6/12/2026 for a facade renovation as per plans.**amended as of 8/20/2026 for the removal of the underpinning work and a change in special inspection agency and dprc-si to appoint jack parisi as the dprc-si** amended as of 8/27/2026 .
The owner of record is Framework Flats LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 800 units of new supply — including the 200-unit project at 1635 N 5th St, the 8-unit project at 1545 N 6th St, the 8-unit project at 1850 N Leithgow 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?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 135 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 135 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.