Market Insights  /  Washington Square & Chinatown
Development Watch · Washington Square & Chinatown

210 S 12th StDelivered

378-unit residential new construction, zoned CMX5.

210 South 12thDeveloperMidwood Investment & DevelopmentArchitectRogers Stirk Harbour + Partners (RSHP) / BLT Architects (architect of record) / Perkins Eastman (collaboration)StatusCompleted 2024, now leasingOfficial site →
Rendering of 210 S 12th St — A new high-end Center City residential tower is hitting the market, just as many experts fear an apartment glut
A new high-end Center City residential tower is hitting the market, just as many experts fear an apartment glut
Rendering of 210 S 12th St — YIMBY Shares Renderings of Revised Design for 210 South 12th Street in Center City
YIMBY Shares Renderings of Revised Design for 210 South 12th Street in Center City
Published renderings · via inquirer.com. Shown for informational purposes; rights belong to the original creator.See the source →
Filed plan drawing for 210 S 12th StFiled plan drawing for 210 S 12th St
From the project's plan drawings — schematic and subject to revision; not a marketing rendering.View the full plan set (PDF) →

A 30-story tower containing 378 apartments has wrapped at 210 South 12th Street, adding significant density to the eastern edge of Washington Square West. The building includes 96 accessory parking spaces, 130 bike spaces, and ground-floor commercial shells on the first and second floors that remain vacant. The project incorporates mixed-income housing and public art, suggesting a blend of market-rate and affordable units, though the exact breakdown hasn't been disclosed.

The site, an 18,342-square-foot lot held by 200 S12 Street Owner LLC since 2022, sits within CMX-5 zoning that allows this kind of vertical development by right. Cleared to build in late 2021, the tower underwent a design amendment in late 2022 that revised the marquee, adjusted foundation and core structural elements, and tweaked both the facade and interior layouts. The shift from an originally described 32 stories to the delivered 30 floors appears to reflect those midstream refinements.

With only one other notable nearby project—a modest 45-unit building at 614 South 13th Street—this tower stands as an outlier in scale for its immediate surroundings, where the immediate half-mile radius holds just those 45 units. That lopsidedness underscores how thinly residential development has spread along this stretch of lower Midtown South, even as the corridor between Rittenhouse and Society Hill fills in elsewhere. The commercial vacancies at the base will be worth watching; successful activation could tilt investor appetite toward similar infill plays on underbuilt parcels nearby, though the lack of a broader development wave suggests caution remains the prevailing mood.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~30-story by-right envelope, not the developer's design.
Units
378
Zoning
CMX5
By-right envelope
~30 stories
Lot
18,342 sq ft
Last sale
2022
Cleared to build
Nov 10, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 81 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.

~148buildable units
████████ Street
CMX4 · 0.41 mi away
Max bid to a builder $8.7M · Opportunity Score 100
Unlock →
~66buildable units
████████ Street
CMX3 · 0.48 mi away
Max bid to a builder $3.7M · Opportunity Score 99
Unlock →
~104buildable units
████████ Street
RM1 · 0.39 mi away
Max bid to a builder $7.6M · Opportunity Score 98
Unlock →
~61buildable units
████████ Street
CMX4 · 0.35 mi away
Max bid to a builder $4.5M · Opportunity Score 98
Unlock →
~226buildable units
████████ Street
CMX5 · 0.38 mi away
Max bid to a builder $3.7M · Opportunity Score 95
Unlock →
Unlock the 81 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.

45u614 S 13th St0.41 mi
In the news

What we're hearing about this project

Center City's newest apartment tower at 210 S. 12th St. is set to begin leasing later this spring, adding 376 high-end units to the market.
Developer Midwood Investment & Development shared updated details and renderings for the mixed-use project, which will rise 32 stories tall and will feature a two-story commercial space containing approximately 17,000 sq
210 South 12th Street marks RSHP's first building in Philadelphia and represents a landmark project in downtown Philadelphia.
Leading national developer Midwood Investment & Development announced that leasing has commenced for 210 South 12th, with pricing starting at $1,675, and occupancy anticipated for summer 2024.
Construction on the tower is largely complete, and the large, prismatic glass structure already makes for an appealing addition to the city skyline.
News items are compiled automatically and may be approximate — verify before relying on them.
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.