Market Insights  /  Wynnefield
Development Watch · Wynnefield

5149 W Girard AveUnder construction

4-unit residential new construction, zoned RM1.

A 4-unit residential building is set to rise at 5149 W Girard Ave in Wynnefield, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 1, 2026.

The 1,870 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 2026 for $40K. The plans call for for new construction of an attached three-story building for use as multi-family household living (four dwelling units). building to be fully sprinklered with nfpa 13. separate permits required for excavation, mechanical, electrical, plumbing and fire suppression.

The owner of record is Kpd1 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, 3 other major projects have broken ground since 2022 — roughly 51 units of new supply — including the 31-unit project at 625 N 53rd St, the 8-unit project at 5137 Master St, the 12-unit project at 1618 N 54th 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)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
4
Zoning
RM1
By-right envelope
~3 stories
Lot
1,870 sq ft
Last sale
$40K · 2026
Cleared to build
May 1, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 135 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.

~208buildable units
████████ Street
CMX2 · 0.41 mi away
Max bid to a builder $3.3M · Opportunity Score 96
Unlock →
~139buildable units
████████ Street
RM1 · 0.32 mi away
Max bid to a builder $2.0M · Opportunity Score 96
Unlock →
~207buildable units
████████ Street
ICMX · 0.36 mi away
Max bid to a builder $3.4M · Opportunity Score 95
Unlock →
~144buildable units
████████ Street
ICMX · 0.42 mi away
Max bid to a builder $2.5M · Opportunity Score 92
Unlock →
~99buildable units
████████ Street
CMX2 · 0.27 mi away
Max bid to a builder $1.4M · Opportunity Score 91
Unlock →
Unlock the 135 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

31u625 N 53rd St0.16 mi
8u5137 Master St0.19 mi
12u1618 N 54th St0.49 mi
Progress

How this project is moving

Life-safety systems ~78% complete
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.