Market Insights  /  Fishtown
Development Watch · Fishtown

2039 N Front StDelivered

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

A 13-unit residential building is set to rise at 2039 N Front St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 21, 2021.

The 3,790 sq ft site is zoned CMX2.5, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2022. The plans call for amendment iii: for the amendment to change special inspector from poulson to jack a. parisi, geo structures, inc. amendment ii: for the amendment of previously approved permit: cp-2021-005308 to document change in wall construction as shown per approved plans. all work to be done per approved plans and documentation. if field conditions vary contact design engineer prior to the start of any work. amendment i: for the amendment of previously approved permit: cp-2021-005308 to document change to shoring plans, alter first floor side wall construction and changes to previously approved fenestration. all work to be done per approved plans and documentation. if field conditions vary contact design engineer prior to the start of any work. original: for the erection of an attached four story building for use as the following: vacant commerical space (separate interior fitout and c.o required prior to occupancy) from the basement through first floor level, accessory storage in the basement level, with multi-family dwelling (14 units) from the basement through fourth floor level. structure to contain a pilot house for roof maintenance only. 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 11 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 Barbershop Flats 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, 12 other major projects have broken ground since 2022 — roughly 643 units of new supply — including the 8-unit project at 2034 N Front St, the 31-unit project at 2112 N Front St, the 32-unit project at 1924 N Front 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)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
13
Zoning
CMX2.5
By-right envelope
~4 stories
Lot
3,790 sq ft
Last sale
2022
Cleared to build
Dec 21, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 108 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.

~101buildable units
████████ Street
CMX2 · 0.35 mi away
Max bid to a builder $4.4M · Opportunity Score 98
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~69buildable units
████████ Street
CMX3 · 0.44 mi away
Max bid to a builder $2.9M · Opportunity Score 98
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~239buildable units
████████ Street
CMX2.5 · 0.15 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~179buildable units
████████ Street
ICMX · 0.49 mi away
Max bid to a builder $3.4M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.32 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
Unlock the 108 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.

8u2034 N Front St0.03 mi
31u2112 N Front St0.06 mi
32u1924 N Front St0.13 mi
14u2214 N Front St0.18 mi
60u2221 N Front St0.19 mi
13u1935 N 2nd St0.24 mi
21u1931 N 2nd St0.24 mi
40u2034 N 2nd St0.24 mi
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.