Market Insights  /  Girard Estates & Newbold
Development Watch · Girard Estates & Newbold

1630 Point Breeze AveDelivered

57-unit residential new construction, zoned RM1.

A 57-unit residential building is set to rise at 1630 Point Breeze Ave in Girard Estates & Newbold, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 27, 2021.

The 14,315 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. The parcel last changed hands in 1901. The plans call for for the erection of an atached four story structure with roof decks accessed two roof deck access structures for roof deck access and green roof maintenance, green roof (covering atleast 60% of the rooftop) above fourth floor. structure for use as multi-family (57 units) household living and to include nineteen (19) accessible bicycle parking spaces (utilizing mixed income housing bonus and green roof bonus). building is fully sprinklered in accordance with nfpa 13 and standpipes to be provided in the exit stairways per nfpa 14. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within 12 feet of the building facade in accordance with section 3306 of the 2018 ibc. separate building and/or streets department permit required prior to the start of any work.*** fire watch is required once combustible construction is over 40 feet in height, a site safety plan shall be submited to building inspector prior to the start of any construction.*** separate permiits to be obtained for all other work.

The owner of record is 1620 Point Breeze Ave LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

For now it stands out on its block — there's little other major development within a half-mile, which makes the surrounding under-built parcels worth a closer look as this density arrives.

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?

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
57
Zoning
RM1
By-right envelope
~4 stories
Lot
14,315 sq ft
Last sale
1901
Cleared to build
Dec 27, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 83 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.

~285buildable units
████████ Street
ICMX · 0.32 mi away
Max bid to a builder $17M · Opportunity Score 100
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~285buildable units
████████ Street
ICMX · 0.33 mi away
Max bid to a builder $17M · Opportunity Score 100
Unlock →
~116buildable units
████████ Street
RM1 · 0.43 mi away
Max bid to a builder $6.6M · Opportunity Score 98
Unlock →
~97buildable units
████████ Street
CMX2 · 0.44 mi away
Max bid to a builder $1.4M · Opportunity Score 91
Unlock →
~40buildable units
████████ Street
RM1 · 0.34 mi away
Max bid to a builder $409K · Opportunity Score 84
Unlock →
Unlock the 83 nearby opportunities →
Progress

How this project is moving

Cleared for occupancy ~100% complete
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.