4-unit residential new construction, zoned RM1.
A 4-unit residential building is set to rise at 2835 Poplar St in Fairmount & Art Museum, the kind of by-right infill quietly reshaping the block. It was cleared to build in Sep 14, 2021.
The 1,572 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2020 for $260K. The plans call for for the erection of a four (4) story structure with roof decks, rear decks, and roof deck access structure; for use as a four (4) family dwelling as per approved plans. entire building to be sprinklered per nfpa 13. building to be equipped with standpipes. separate permit required for mep and fire suppression work. amendment to cahnge dprc-si and special inspection agencies.
The owner of record is 2835 Poplar L L C. 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, 6 other major projects have broken ground since 2022 — roughly 119 units of new supply — including the 40-unit project at 909 N 26th St, the 20-unit project at 3117 Master St, the 8-unit project at 2413 W Thompson 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 7 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 7 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.