8-unit residential new construction, zoned RM1.
A 8-unit residential building is set to rise at 1505 N 17th St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 7, 2020.
The 2,341 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2019 for $365K. The plans call for for the erection of a structure for use as multi-family household living (8 dwelling units). building to be fully sprinklered. separate permits required for m.e.p.s work, separate approval required from pa l&i for elevator installation. see ap#1051469 for approved foundation work. *amend building permit to update the front elevation as per approved plans.
The owner of record is 1505 N 17th Street, LLC.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 315 units of new supply — including the 21-unit project at 1421 N 17th St, the 19-unit project at 1412 N 17th St, the 13-unit project at 1613 Cecil B Moore 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?
As this density arrives, InvestPHL is tracking 25 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 25 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.