4-unit residential new construction, zoned RM1.
A 4-unit residential building is set to rise at 3021 Diamond St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Aug 3, 2026.
The 1,485 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 2021 for $295K. The plans call for for underpinning and for the construction of an attached structure with cellar. for use as multi-family (4 unit) household living. as per approved plans. building to be fully sprinklered per nfpa 13r. *2018 ibc review* *****************separate permits required for mechanical, electrical, fire suppression work and plumbing work. ***************.
The owner of record is Matriarch 090713 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, 2 other major projects have broken ground since 2022 — roughly 61 units of new supply — including the 15-unit project at 2111-13 N 33rd St, the 46-unit project at 2800 Diamond 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 18 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 18 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.