Market Insights  /  Kingsessing & Cedar Park
Development Watch · Kingsessing & Cedar Park

5222 Chester AveDelivered

15-unit residential new construction, zoned RSA5.

A four-story, 15-unit apartment building is under construction at 5222 Chester Avenue in Kingsessing, part of a modest wave of infill development along this stretch of the corridor. The project, cleared to build in March 2023, will include a rooftop deck and ground-floor professional office space alongside the residential units. At just over 6,000 square feet of lot, the building represents a fairly dense use of a single parcel in an RSA5 zone, which allows multi-family development by right.

5220-24 Chester Ave LLC owns the site, having acquired it in 2023. The developer opted for full NFPA 13 sprinklers and standpipe systems in the exit stairs, a nod to the building's scale and occupancy load. The presence of ground-floor office space suggests the developer is hedging on tenant mix, though the Chester Avenue corridor has historically leaned residential with scattered commercial.

This project joins a 12-unit building at 4820 Chester Avenue as the only significant new construction within a half-mile radius, underscoring how thinly spread new development remains in Kingsessing despite the neighborhood's transit access and large inventory of underused lots. The corridor has seen sporadic redevelopment over the past decade, but nothing resembling the sustained developer interest seen in adjacent Southwest Center City neighborhoods.

The 5222 Chester project may test whether RSA5-zoned parcels along the avenue can attract follow-on investment. Plenty of similar-sized lots sit vacant or underbuilt nearby, and a successful lease-up here could make the case for more four-story walk-ups in an area that has mostly seen single-family rehabs and the occasional triplex conversion.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
15
Zoning
RSA5
By-right envelope
~4 stories
Lot
6,046 sq ft
Last sale
2023
Cleared to build
Mar 20, 2023
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 93 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.

~118buildable units
████████ Street
CMX2 · 0.36 mi away
Max bid to a builder $1.9M · Opportunity Score 93
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~137buildable units
████████ Street
ICMX · 0.33 mi away
Max bid to a builder $2.3M · Opportunity Score 92
Unlock →
~93buildable units
████████ Street
CMX2 · 0.50 mi away
Max bid to a builder $1.4M · Opportunity Score 91
Unlock →
~87buildable units
████████ Street
CMX2 · 0.44 mi away
Max bid to a builder $1.4M · Opportunity Score 90
Unlock →
~62buildable units
████████ Street
CMX2 · 0.21 mi away
Max bid to a builder $909K · Opportunity Score 85
Unlock →
Unlock the 93 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.

12u4820 Chester Ave0.32 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.