Market Insights  /  East Germantown
Development Watch · East Germantown

2011 Eastburn AveUnder construction

43-unit residential new construction, zoned RM1.

Rendering of 2011 Eastburn Ave — Permits Issued for 43-Unit Building at 2017-21 Eastburn Avenue in West Oak Lane, Northwest Philadelphia
Permits Issued for 43-Unit Building at 2017-21 Eastburn Avenue in West Oak Lane, Northwest Philadelphia
Published rendering · via phillyyimby.com. Shown for informational purposes; rights belong to the original creator.See the source →

A 43-unit, four-story building is rising at 2011 Eastburn Avenue in East Germantown, occupying a 28,000-square-foot site cleared to build early last year. The project includes a rooftop penthouse and was initially planned with a roof deck, though recent amendments have stripped that feature along with a trash chute, while adjusting siding materials and structural framing. 2011-21 Eastburn Avenue Associates LLC picked up the parcel in 2022 and is delivering the apartments by-right under RM1 zoning, which allows moderate-density multifamily construction without requiring variances.

The scope reflects a textbook suburban-style wood-frame multifamily product—TJI floor joists, sprinklered throughout per NFPA 13, and enough density to pencil on a large assembled lot without pushing height or amenities. The removal of the roof deck mid-stream suggests value engineering rather than design ambition, a practical response to soft post-pandemic construction budgets. At this scale, the building will be one of the larger new residential additions to the neighborhood in recent years, though not part of any visible wave; no comparable projects are underway within half a mile.

East Germantown has seen limited new construction, and RM1 parcels of this size remain uncommon. The successful delivery here could establish a rough pricing and rent floor for similar underused assemblages nearby, particularly if the sponsor avoids deep subsidy and targets market-rate or workforce tenants. The lack of nearby competition gives the building runway but also underscores the speculative nature of the bet—this is pioneer capital in a neighborhood still proving its appeal to renters willing to absorb fresh construction premiums.

The project's evolution—scaled-back amenities, structural tweaks—hints at a sponsor threading the needle between feasibility and finish. If absorbed well, 2011 Eastburn could greenlight similar infill on the neighborhood's larger vacant or underbuilt RM1 lots, though the absence of a broader development cluster means this remains a test case rather than the leading edge of a district-wide transformation.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
43
Zoning
RM1
By-right envelope
~4 stories
Lot
28,119 sq ft
Last sale
2022
Cleared to build
Feb 8, 2024
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 46 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.

~254buildable units
████████ Street
CMX2 · 0.42 mi away
Max bid to a builder $3.9M · Opportunity Score 98
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~105buildable units
████████ Street
CMX2 · 0.42 mi away
Max bid to a builder $1.6M · Opportunity Score 92
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~48buildable units
████████ Street
CMX2 · 0.25 mi away
Max bid to a builder $618K · Opportunity Score 81
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~47buildable units
████████ Street
CMX2 · 0.27 mi away
Max bid to a builder $648K · Opportunity Score 80
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~45buildable units
████████ Street
CMX2 · 0.03 mi away
Max bid to a builder $626K · Opportunity Score 79
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Unlock the 46 nearby opportunities →
In the news

What we're hearing about this project

Permits were issued in February 2024 for a four-story, 43-unit apartment building at 2017-21 Eastburn Avenue spanning 44,501 square feet with a roof deck.
News items are compiled automatically and may be approximate — verify before relying on them.
Progress

How this project is moving

Interior systems ~64% 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.