Market Insights  /  University City & Powelton
Development Watch · University City & Powelton

4140 W Girard AveDelivered

12-unit residential new construction, zoned RM1.

A 12-unit residential building is set to rise at 4140 W Girard Ave in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 30, 2021.

The 3,395 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2022. The plans call for new construction of a four (4) story building with common roof deck and pilot houses for use as twelve (12) dwelling units as per approved plans. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 8/2/25 amend new construction permit cp-2021-005857 to include changes to floor layout and excavation depth as per approved plans. see excavation permit sp-2025-000811 for excavation work. .

The owner of record is West Girard 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, 12 other major projects have broken ground since 2022 — roughly 239 units of new supply — including the 8-unit project at 1221 N 42nd St, the 8-unit project at 1203 N 41st St, the 16-unit project at 4000-18 Parkside 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)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
12
Zoning
RM1
By-right envelope
~4 stories
Lot
3,395 sq ft
Last sale
2022
Cleared to build
Dec 30, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 102 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.

~61buildable units
████████ Street
RM1 · 0.44 mi away
Max bid to a builder $1.1M · Opportunity Score 90
Unlock →
~79buildable units
████████ Street
CMX2 · 0.44 mi away
Max bid to a builder $1.2M · Opportunity Score 89
Unlock →
~62buildable units
████████ Street
CMX2 · 0.48 mi away
Max bid to a builder $967K · Opportunity Score 85
Unlock →
~38buildable units
████████ Street
RM1 · 0.47 mi away
Max bid to a builder $600K · Opportunity Score 83
Unlock →
~47buildable units
████████ Street
CMX2 · 0.21 mi away
Max bid to a builder $689K · Opportunity Score 80
Unlock →
Unlock the 102 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.

8u1221 N 42nd St0.11 mi
8u1203 N 41st St0.11 mi
16u4000-18 Parkside Ave0.18 mi
10u4129 Ogden St0.29 mi
73u1238-46 Belmont Ave0.29 mi
29u3912 W Girard Ave0.30 mi
9u871 N Preston St0.31 mi
9u871 N Preston St0.31 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.