6-unit residential new construction, zoned RSA5.
A 6-unit residential building is set to rise at 712 N 34th St in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 20, 2021.
The 1,280 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 structure (maximum height from grade to roof not to exceed 38 feet) with cellar, roof deck with pilot house for use as six (6) family (multi-family) household living. building to be fully sprinklered. separate permits required for m.e.p.s work.
The owner of record is Lina Holdings.
It isn't rising in isolation. Within a half-mile, 11 other major projects have broken ground since 2022 — roughly 337 units of new supply — including the 19-unit project at 723 N 35th St, the 20-unit project at 3310 Fairmount Ave, the 90-unit project at 3314-20 Fairmount Ave. 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 14 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 14 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.