42-unit residential new construction, zoned RSA5.
A 42-unit residential building is set to rise at 1414 E Oxford St in Fishtown & East Kensington, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Apr 8, 2021.
The 14,402 sq ft site is zoned RSA5, which supports a building on the order of 5 stories by right. The parcel last changed hands in 2021. The plans call for new construction of a five (5) story structure to include forty two (42) dwelling units and accessory parking garage as per approved plans. building to utilize horizontal separations to create two (2) separate buildings with two (2) different construction types (basement & 1st floor - type ia and 2nd through 5th floors - type va). building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 11/29/21 amend new construction permit cp-2020-005329 to include horizontal exit as per approved plans. amendment approved 6/23/21 amend new construction permit cp-2020-005329 to include sheeting and shoring for excavation protection as per approved plans. amendment approved 7/29/23 amend new construction permit cp-2020-005329 to include basement amenity space and revisions to front entry and trash rooms as per approved plans. .
The owner of record is National Metalcrafters Building 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, 12 other major projects have broken ground since 2022 — roughly 611 units of new supply — including the 114-unit project at 1442 N Front St, the 9-unit project at 1700 Frankford Ave, the 61-unit project at 1351-59 Frankford 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)As this density arrives, InvestPHL is tracking 110 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.
Unlock the 110 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.