Market Insights  /  Brewerytown & Sharswood
Development Watch · Brewerytown & Sharswood

1504 N Sydenham StCleared to build

4-unit residential new construction, zoned RM1.

A 4-unit residential building is set to rise at 1504 N Sydenham St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 6, 2021.

The 1,975 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2020. The plans call for for the erection of a three (3) story wood-framed structure with basement of type v-b construction for use as four (4) dwelling units (group r-2 use & occupancy classification). building to be fully sprinklered with a minimum of a nfpa 13r automatic sprinkler system. all work to be done per approved plans and in accordance with 2018 ibc. separate permits required for mechanical, electrical, plumbing, and fire suppression work. **includes underpinning**.

The owner of record is Mcintyre Brian. 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 637 units of new supply — including the 21-unit project at 1421 N 17th St, the 19-unit project at 1412 N 17th St, the 13-unit project at 1613 Cecil B Moore 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?

📄 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
1,975 sq ft
Last sale
2020
Cleared to build
Oct 6, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 33 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.

~92buildable units
████████ Street
CMX4 · 0.40 mi away
Max bid to a builder $4.4M · Opportunity Score 99
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~61buildable units
████████ Street
CMX3 · 0.37 mi away
Max bid to a builder $2.8M · Opportunity Score 98
Unlock →
~118buildable units
████████ Street
CMX3 · 0.36 mi away
Max bid to a builder $5.5M · Opportunity Score 98
Unlock →
~66buildable units
████████ Street
RM2 · 0.49 mi away
Max bid to a builder $820K · Opportunity Score 98
Unlock →
~175buildable units
████████ Street
CMX2.5 · 0.33 mi away
Max bid to a builder $3.7M · Opportunity Score 96
Unlock →
Unlock the 33 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.

21u1421 N 17th St0.12 mi
19u1412 N 17th St0.15 mi
13u1613 Cecil B Moore Ave0.21 mi
13u1435 W Girard Ave0.31 mi
49u918 N Broad St0.39 mi
40u2000 Ridge Ave0.41 mi
70u915-23 N Broad St0.41 mi
17u2016 Ridge Ave0.42 mi
Progress

How this project is moving

In permitting ⚠ Status unclear — no recent activity
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.