65-unit residential new construction, zoned ICMX.
A 65-unit residential building is set to rise at 2157 E Lehigh Ave in Fishtown & East Kensington, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Nov 10, 2023.
The 10,804 sq ft site is zoned ICMX, which supports a building on the order of 6 stories by right. The plans call for for the erection of an outdoor amenity space above existing inactive rail wall as per approved plans. separate permits required for any mep work. .
The owner of record is 2157 Lehigh Development LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.
It isn't rising in isolation. Within a half-mile, 9 other major projects have broken ground since 2022 — roughly 533 units of new supply — including the 26-unit project at 2626 Trenton Ave, the 47-unit project at 2855 Janney St, the 41-unit project at 2654-64 Coral 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?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 31 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 31 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.