4070 Haverford AveDelivered

A 43-unit residential building is set to rise at 4070 Haverford Ave in University City & Powelton, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Mar 8, 2021.

The site is zoned RM1, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2025 for $9.7M. The plans call for new construction of a four (4) story building with roof deck and pilot houses for use as a forty-three (43) family dwelling with accessory surface parking lot as per approved plans. 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 12/2/21 amend new construction permit cp-2020-006837 to change special inspections agency per revised documents. amendment approved 5/13/22 amend new construction permit cp-2020-006837 for change to basement height and new entrance ramp as per approved plans. .

The owner of record is Haverford Lofts Apartments 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 271 units of new supply — including the 9-unit project at 675 N 41st St, the 8-unit project at 657 N Preston St, the 10-unit project at 644-46 N 40th 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?