Market Insights  /  Fairhill
Development Watch · Fairhill

2733 N Front StDelivered

15-unit residential new construction, zoned RM1.

A 15-unit residential building is set to rise at 2733 N Front St in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Nov 16, 2021.

The 7,174 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2025. The plans call for for new construction of a three (3) story wood-frame attached structure on reinforced concrete footings/foundations. for use as multi-family household living (fifteen (15) dwelling units), with five (5) class 1a bicycle parking spaces (located along an accessible route). building shall be fully sprinklered as per nfpa 13r min, separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. **protection of right-of-way / pedestrians / adjacent properties required during all construction.**energy code compliance in accordance with 2018 iecc**. prior to issuance of c.o submittal of air barrier checklist and envelope testing certificate is required. both to be completed by an approved party.**any deviation to the approved scope of work will required an amended permit**special inspection to be monitored at all time by the approved special inspection individual(s)/agency(ies)**amended as of 2/28/2023 to appoint george ballouz as the dprc-si.** amended as of 3/30/2023 for an alteration to the cellar layout as per plans. **.

The owner of record is 2733 Front St Associates 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 169 units of new supply — including the 18-unit project at 2520 N Front St, the 15-unit project at 2449 N 2nd St, the 28-unit project at 2406 Mascher 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)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
15
Zoning
RM1
By-right envelope
~3 stories
Lot
7,174 sq ft
Last sale
2025
Cleared to build
Nov 16, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 78 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.

~131buildable units
████████ Street
ICMX · 0.33 mi away
Max bid to a builder $5.6M · Opportunity Score 99
Unlock →
~259buildable units
████████ Street
ICMX · 0.41 mi away
Max bid to a builder $11M · Opportunity Score 99
Unlock →
~240buildable units
████████ Street
ICMX · 0.17 mi away
Max bid to a builder $10M · Opportunity Score 99
Unlock →
~69buildable units
████████ Street
CMX3 · 0.32 mi away
Max bid to a builder $2.9M · Opportunity Score 98
Unlock →
~316buildable units
████████ Street
ICMX · 0.34 mi away
Max bid to a builder $5.0M · Opportunity Score 97
Unlock →
Unlock the 78 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.

18u2520 N Front St0.25 mi
15u2449 N 2nd St0.37 mi
28u2406 Mascher St0.38 mi
44u2721-69 Ruth St0.40 mi
64u300 W Huntingdon St0.42 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.