2723 N 13th StCleared to build

A 4-unit residential building is set to rise at 2723 N 13th St in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jul 15, 2026.

The 1,483 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 $250K. The plans call for for the new construction of three (3) story vb construction type with a roof deck and roof deck access structure for the use of multi-family (4 units) dwellings- r2 occupancy. building to be fully sprinklered per min. nfpa 13r. 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 the building facade in accordance with section 3306 of the 2018 ibc. separate permiits to be obtained for all other work. .

The owner of record is 12th St Development 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 44 units of new supply — including the 28-unit project at 3120 N Park Ave, the 16-unit project at 715 W Cumberland 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?