32-unit residential new construction, zoned I1.
A 32-unit residential building is set to rise at 3120 Jefferson St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jul 16, 2019.
The 8,380 sq ft site is zoned I1, which supports a building on the order of 6 stories by right. Records show the parcel last traded in 2017 for $325K. The plans call for new construction of five (5) story above grade plane, w. basement rooftop structure & assembly roof deck, mixed multi-family & office building of light-frame wood (all wood w/in exterior walls to be fire-retardant treated wood), structural steel, masonry, cold-formed steel, & shallow concrete foundation construction per approved plans; building to be fully sprinklered. separate permit req'd for truss installation (deferred submission) & any mech., elec., plumb., & firesupp work. all means of pedestrian protection to be in place prior to start of work. 1/27/2021 amendment: for the reconfiguration of the 2nd thru 5th flr with the installation of 2-hour rated horizontal exit assemblies to establish exception to accessible means of egress requirements per ibc 2009, section 1007.2.1, exception 1.
The owner of record is 3120 Jefferson Street LLC.
It isn't rising in isolation. Within a half-mile, 2 other major projects have broken ground since 2022 — roughly 47 units of new supply — including the 20-unit project at 3117 Master St, the 27-unit project at 2625 Jefferson St. 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 2 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 2 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.