2239-41 N Franklin StCleared to build

A 5-unit residential building is set to rise at 2239-41 N Franklin St in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Feb 12, 2026.

The 2,002 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 2025 for $75K. The plans call for for the erection of an attached three (3) story structure with a roof deck and roof deck access structure above. for use as multi-family household living containing five (5) dwelling units. building is fully sprinklered in accordance with nfpa 13 throughout. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within nine (9) feet of the building facade in accordance with section 3306 of the 2018 ibc. separate building and/or streets department permit required prior to the start of any work.** separate permiits to be obtained for all other work.

The owner of record is Glass Estates 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 267 units of new supply — including the 9-unit project at 2300-10 Germantown Ave, the 9-unit project at 2300-10 Germantown Ave, the 9-unit project at 914-18 W Susquehanna 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?