Market Insights  /  Germantown
Development Watch · Germantown

5545 Pulaski AveDelivered

35-unit residential new construction, zoned CMX2.5.

A 35-unit residential building is set to rise at 5545 Pulaski Ave in Germantown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 5, 2020.

The 17,228 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 detached structure of type va construction with a cellar and a roof deck with a roof access structure. for thirty-five (35) dwelling units with layout as per plans. separate permits required for all mechaicanical, electrical, plumbing and fire suppression work. amendment (2/11/2021) amendment to chnage the special inspection agency as per new form. amendment (4/22/2021) to remove commercial space, reduction of dwellings to 34 units, revised partitions, fixtures, finishes to create amenity space. .

The owner of record is Tcg Sdg Pulaski, 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, 1 other major projects have broken ground since 2022 — roughly 49 units of new supply — including the 49-unit project at 328-30 W Queen Ln. 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 ~4-story by-right envelope, not the developer's design.
Units
35
Zoning
CMX2.5
By-right envelope
~4 stories
Lot
17,228 sq ft
Last sale
2021
Cleared to build
Oct 5, 2020
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 45 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.

~281buildable units
████████ Street
CMX3 · 0.18 mi away
Max bid to a builder $4.5M · Opportunity Score 98
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~277buildable units
████████ Street
CMX2.5 · 0.13 mi away
Max bid to a builder $4.2M · Opportunity Score 98
Unlock →
~163buildable units
████████ Street
CMX2.5 · 0.41 mi away
Max bid to a builder $2.6M · Opportunity Score 95
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~135buildable units
████████ Street
CMX2.5 · 0.15 mi away
Max bid to a builder $2.2M · Opportunity Score 94
Unlock →
~52buildable units
████████ Street
RM3 · 0.38 mi away
Max bid to a builder $708K · Opportunity Score 92
Unlock →
Unlock the 45 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.

49u328-30 W Queen Ln0.40 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.