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

649 N 35th StDelivered

11-unit residential new construction, zoned RM1.

A 11-unit residential building is set to rise at 649 N 35th St in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 5, 2019.

The 4,820 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2021. The plans call for for the erection of a detached structure with roof deck accessed by pilothouses. for use as multi-family (11 dwelling units) household living. building to be fully sprinklered. separate permits required for meps work.

The owner of record is Brandywine Lofts LLC.

It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 351 units of new supply — including the 90-unit project at 3314-20 Fairmount Ave, the 19-unit project at 723 N 35th St, the 20-unit project at 3310 Fairmount 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?

Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
11
Zoning
RM1
By-right envelope
~4 stories
Lot
4,820 sq ft
Last sale
2021
Cleared to build
Dec 5, 2019
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 20 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.

~145buildable units
████████ Street
RM1 · 0.17 mi away
Max bid to a builder $2.1M · Opportunity Score 96
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~37buildable units
████████ Street
CMX2 · 0.44 mi away
Max bid to a builder $572K · Opportunity Score 74
Unlock →
~31buildable units
████████ Street
CMX2 · 0.15 mi away
Max bid to a builder $402K · Opportunity Score 71
Unlock →
~16buildable units
████████ Street
CMX2 · 0.10 mi away
Max bid to a builder $110K · Opportunity Score 53
Unlock →
~16buildable units
████████ Street
CMX2 · 0.49 mi away
Max bid to a builder $160K · Opportunity Score 52
Unlock →
Unlock the 20 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.

90u3314-20 Fairmount Ave0.10 mi
19u723 N 35th St0.11 mi
20u3310 Fairmount Ave0.11 mi
16u3618 Wallace St0.14 mi
16u3618 Wallace St0.14 mi
62u3620 Haverford Ave0.19 mi
15u646 N 32nd St0.21 mi
15u3401 Hamilton St0.23 mi
Progress

How this project is moving

Cleared for occupancy ⚠ Status unclear — no recent activity
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.