94-unit residential new construction, zoned RM1.
A 94-unit residential building is set to rise at 2025 N 29th St in Brewerytown & Sharswood, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 21, 2021.
The 28,800 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2025. The plans call for new construction of a four (4) story building (maximum height 45'0" per zoning permit) with common roof deck and pilot houses for use as ninety-four (94) dwelling units with accessory parking garage as per approved plans. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001 *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 4/23/25 amend new construction permit cp-2021-005884 for changes to building size and layout including reduction in height and removal of accessory parking (no change to principal use or number of dwelling units) as per approved plans. amendment approved 3/28/26 amend new construction permit cp-2021-005884 for changes to building layout (no change to principal use or number of dwelling units) as per approved plans. .
The owner of record is Dpd 2025 N 29th St 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, 3 other major projects have broken ground since 2022 — roughly 69 units of new supply — including the 46-unit project at 2800 Diamond St, the 15-unit project at 2111-13 N 33rd St, the 8-unit project at 2400 W Montgomery 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 27 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 27 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.