8-unit residential new construction, zoned RSA5.
A 8-unit residential building is set to rise at 1518 N 8th St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Aug 19, 2019.
The 3,366 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2019. The plans call for for the erection of an attached three story building with roof deck and two pilothouses for eight dwelling units. building to be fully sprinklered per nfpa 13r at minimum. for issuance of certificate of occupancy. all work to be done in accordance with approved plans. separate permits required for all m.e.p. and fire suppression work. ** 2018 ibc **.
The owner of record is 1518 N 8th Street LLC.
It isn't rising in isolation. Within a half-mile, 8 other major projects have broken ground since 2022 — roughly 652 units of new supply — including the 8-unit project at 1545 N 6th St, the 160-unit project at 1600-10 N 11th St, the 160-unit project at 1600-10 N 11th 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 68 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 68 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.