13-unit residential new construction, zoned CMX2.5.
A 13-unit residential building is set to rise at 2054 N 2nd St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 17, 2021.
The 3,903 sq ft site is zoned CMX2.5, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2021. The plans call for for the erection of a four (4) story attached structure as per approved plans. for use as vacant commercial and thirteen (13) dwelling units. structure to be fully sprinklered in accordance with nfpa 13 minimum (exterior wall openings). **separate permits required for mep and fire suppression work.** **2018 ibc**.
The owner of record is Beli 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 563 units of new supply — including the 40-unit project at 2034 N 2nd St, the 13-unit project at 1935 N 2nd St, the 21-unit project at 1931 N 2nd 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)As this density arrives, InvestPHL is tracking 162 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 162 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.