265-unit residential new construction, zoned CMX5.


A 20-story tower is under way at 115 S 19th Street in Rittenhouse, an unusually tall residential project on a site measuring just 76 square feet—essentially a sliver lot that's been engineered to push vertical density to an extreme. The parcel sits in a CMX5 zone, where the height is permitted by right, and 19s Partners LLC has owned the property since 2022. Details on unit count and specific programming remain unclear, but the ambition is obvious: extract maximum value from a constrained footprint in one of the city's most desirable submarkets.
The timing reflects sustained confidence in Rittenhouse's resilience as a landing spot for buyers willing to pay top dollar for location and amenities, even as other neighborhoods have absorbed larger condo inventories over the past few years. This tower joins a modest but steady trickle of infill projects that fill in the neighborhood's quieter blocks, often on lots that sat dormant for years because assembly wasn't feasible or economics didn't pencil out until recently.
What's notable here is the willingness to go 20 stories on such a constrained site—a bet that engineering costs and logistical headaches are worth it when the alternative is leaving prime Rittenhouse dirt undeveloped. If this pencils, it sets a template for other oddball parcels nearby that have long been written off as too small or too complicated to build on. Expect more developers to take a second look at leftover slivers if this one delivers without drama.
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 58 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 58 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.