6618 Ridge AveDelivered

A 44-unit residential building is set to rise at 6618 Ridge Ave in Roxborough, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Jun 11, 2021.

The 13,920 sq ft site is zoned SPCIV, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2021 for $1.4M. The plans call for new construction of a five (5) story structure to include roof deck and pilot houses, forty-four (44) dwelling units and accessory parking as per approved plans. fire retardant treated studs and sheathing required for type iii construction. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc* **separate permits required for mep & fire suppression work** .

The owner of record is 618 Ridge Holdings 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, 5 other major projects have broken ground since 2022 — roughly 242 units of new supply — including the 15-unit project at 6712 Ridge Ave, the 80-unit project at 6808 Ridge Ave, the 15-unit project at 7037 Ridge 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?