107-unit residential new construction, zoned CMX2.5.

A 107-unit residential building at 1122 Frankford Avenue has been delivered on a nearly half-acre lot in Fishtown, adding five stories of housing plus vacant ground- and second-floor commercial shells to a corridor still finding its mixed-use rhythm. The project, cleared to build in late 2022, incorporated a rooftop deck, green roof, and 38 bike parking spaces, with the first floor built to Type 1A standards and the upper four floors in Type IIIA construction. Multiple amendments during construction addressed structural tweaks, underpinning and shoring work, interior layout changes, and exterior finish adjustments—typical midstream refinements for a building of this scale.
The site sits in a CMX2.5 zone, which allows this sort of midrise development by right, and the owner of record is 1120-36 Frankford Dris LP, which acquired the parcel in 2022. The ground-floor commercial spaces remain empty and will require separate use authorization, a reminder that retail activation often lags residential delivery along Frankford Avenue's less pedestrian-heavy stretches. The building's hybrid construction approach—concrete podium below wood frame—reflects a cost-conscious strategy common to Philadelphia's recent apartment wave.
This delivery lands in the middle of a remarkably dense development cluster: nearly 950 units have been built or approved within a half mile, including the 182-unit tower at 1130 North Delaware and a pair of 84-unit buildings at 130 West Girard. The concentration of activity signals that Fishtown's growth isn't tapering—it's consolidating around transit access and riverfront proximity. With over 100 units now online here, the building cements Frankford Avenue's evolution from auto-oriented commercial strip to mixed-use corridor, even if the retail pieces haven't fully caught up.
The project's scale and by-right zoning suggest a template for other underused parcels along this stretch, particularly the remaining single-story commercial properties and surface lots that still interrupt the streetwall. If the commercial spaces fill and the pedestrian environment improves, this block could serve as a proof point for similar infill—though the current vacancy underscores that developer confidence in ground-floor retail here remains cautious at best.
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 120 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 120 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.