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

2340 Cecil B Moore AveUnder construction

4-unit mixed-use new construction, zoned CMX2.

A 4-unit mixed-use building is set to rise at 2340 Cecil B Moore Ave in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Feb 6, 2025.

The 1,440 sq ft site is zoned CMX2, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2020 for $100K. The plans call for new construction of a three (3) story building with roof access structure (for maintenance only, no roof deck) for use as shell commercial space (use registration & fit-out permits required prior to occupancy) in the basement & first floors and four (4) dwelling units above as per approved plans and phc approval. building to be fully sprinklered per nfpa 13. *2018 ibc review* **separate permits required for mep & fire suppression work**.

The owner of record is Beech Community Services Inc. 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 201 units of new supply — including the 8-unit project at 2400 W Montgomery Ave, the 8-unit project at 1528 N 24th St, the 16-unit project at 1528 N 24th 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
CMX2
By-right envelope
~3 stories
Lot
1,440 sq ft
Last sale
$100K · 2020
Cleared to build
Feb 6, 2025
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.

8u2400 W Montgomery Ave0.11 mi
8u1528 N 24th St0.11 mi
16u1528 N 24th St0.11 mi
21u1528 N 24th St0.11 mi
14u1515 N 25th St0.14 mi
15u1503 N 25th St0.16 mi
16u1503 N 25th St0.16 mi
16u1525 N Stillman St0.17 mi
Progress

How this project is moving

Structure ⚠ 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.