Market Insights  /  Fishtown
Development Watch · Fishtown

809 Diamond StDelivered

11-unit residential new construction, zoned CMX2.

A 11-unit residential building is set to rise at 809 Diamond St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 4, 2021.

The 2,651 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2022 for $630K. The plans call for for the erection of a four (4) story structure with roof deck and roof deck access structure. for use as eleven (11) dwelling units. one (1) type b dwelling unit at the 1st-floor level. sheeting and shoring are required per the geotechnical report. continuous inspection is required for underpinning. a separate permit is required for any mep and fire suppression work. amendment issued on 5/18/2022 to document the special inspection agencies & dprc-si changes as per the updated special inspection document. .

The owner of record is Novruzaj Agim. 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 242 units of new supply — including the 9-unit project at 914-18 W Susquehanna Ave, the 35-unit project at 2132-38 N 10th St, the 8-unit project at 2059 Germantown 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
11
Zoning
CMX2
By-right envelope
~4 stories
Lot
2,651 sq ft
Last sale
$630K · 2022
Cleared to build
Oct 4, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 146 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.

~191buildable units
████████ Street
CMX2.5 · 0.44 mi away
Max bid to a builder $3.8M · Opportunity Score 96
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~190buildable units
████████ Street
ICMX · 0.43 mi away
Max bid to a builder $4.0M · Opportunity Score 94
Unlock →
~56buildable units
████████ Street
RM1 · 0.46 mi away
Max bid to a builder $1.1M · Opportunity Score 89
Unlock →
~71buildable units
████████ Street
CMX2.5 · 0.48 mi away
Max bid to a builder $1.3M · Opportunity Score 88
Unlock →
~68buildable units
████████ Street
CMX2.5 · 0.47 mi away
Max bid to a builder $1.1M · Opportunity Score 87
Unlock →
Unlock the 146 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.

9u914-18 W Susquehanna Ave0.10 mi
35u2132-38 N 10th St0.13 mi
8u2059 Germantown Ave0.22 mi
9u1941 N Marshall St0.23 mi
9u2300-10 Germantown Ave0.24 mi
9u2300-10 Germantown Ave0.24 mi
13u2326-28 N 9th St0.27 mi
19u1108 W Dauphin St0.29 mi
Progress

How this project is moving

Cleared for occupancy ~100% 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.