Market Insights  /  Girard Estates & Newbold
Development Watch · Girard Estates & Newbold

2643 Emily StUnder construction

6-unit residential new construction, zoned RM1.

A 6-unit residential building is set to rise at 2643 Emily St in Girard Estates & Newbold, the kind of by-right infill quietly reshaping the block. It was cleared to build in Apr 22, 2026.

The 2,921 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 2022 for $182K. The plans call for for the erection of a four (4) story semi-detached structure of type v-a construction with basement, roof decks, and roof deck access structures. for use as a group r-2 six (6) family dwelling. building to be fully sprinklered per nfpa 13r. standpipes to be installed in interior exit stairway enclosures per nfpa 14. all work to be done per approved plans and in accordance with 2018 ibc. separate permits required for mechanical, electrical, plumbing, fire suppression, and excavation work.

The owner of record is Dmg Property 63 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, 1 other major projects have broken ground since 2022 — roughly 20 units of new supply — including the 20-unit project at 2901 Snyder 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 ~4-story by-right envelope, not the developer's design.
Units
6
Zoning
RM1
By-right envelope
~4 stories
Lot
2,921 sq ft
Last sale
$182K · 2022
Cleared to build
Apr 22, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 161 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.

~94buildable units
████████ Street
RM1 · 0.13 mi away
Max bid to a builder $1.5M · Opportunity Score 94
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~107buildable units
████████ Street
CMX2 · 0.27 mi away
Max bid to a builder $1.8M · Opportunity Score 92
Unlock →
~97buildable units
████████ Street
CMX2 · 0.35 mi away
Max bid to a builder $1.4M · Opportunity Score 91
Unlock →
~93buildable units
████████ Street
CMX2 · 0.31 mi away
Max bid to a builder $1.6M · Opportunity Score 91
Unlock →
~86buildable units
████████ Street
CMX2 · 0.29 mi away
Max bid to a builder $1.4M · Opportunity Score 90
Unlock →
Unlock the 161 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.

20u2901 Snyder Ave0.21 mi
Progress

How this project is moving

Structure ~60% 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.