40-unit residential new construction, zoned ICMX.
A 40-unit residential building is set to rise at 1112 E Berks St in Fishtown & East Kensington, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Jul 14, 2021.
The site is zoned ICMX, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2023. The plans call for for the erection of one semi-detached structures with cellar and an accessory roof deck (for residential use only) with roof access structure. for multi-family household living forty (40) dwelling units with fourteen (14) off street bicycle (class 1a) parking spaces on an accessible route. building to be fully sprinklered. separate permits required for m.e.p.s work. separate approval required from pa l&i for elevator installation. horizontal exits are provided from 2nd to 4th floors as per approved plans.
The owner of record is 1112-20 East Berks Street Investmen. 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, 7 other major projects have broken ground since 2022 — roughly 406 units of new supply — including the 62-unit project at 1212-16 N Delaware Ave, the 26-unit project at 950 Marlborough St, the 182-unit project at 1130 N Delaware 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 40 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 40 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.