Market Insights  /  Fairhill
Development Watch · Fairhill

2520 N Front StDelivered

18-unit residential new construction, zoned CMX2.

A four-story residential building with 18 units has now delivered at 2520 N Front Street in Fairhill, joining a steady wave of mid-rise multifamily construction along the Front Street corridor. The project, cleared to build in May 2023, includes two ground-floor artist studios and artisan industrial spaces beneath the residential floors, with a roof deck and rooftop access structure. The building sits on a 4,146-square-foot lot zoned CMX2, and the developer leaned on the mixed-income housing bonus to unlock the density.

VP 2514-2516 Front LLC, the owner of record, acquired the site in 2023 and moved quickly to deliver the wood-frame structure on reinforced concrete footings. An amendment in mid-2024 adjusted interior and exterior elements, including a height modification, but the basic program stayed intact. The building is fully sprinklered and features a Class I standpipe system, meeting the code requirements for a project of this scale and use.

The site lands squarely within a development cluster that has delivered or cleared nearly 600 units within a half-mile radius, including projects at 2406 Mascher, 2449 N 2nd, and a 108-unit building at 2000-20 E Hagert. Nearby, a 60-unit building at 2221 N Front and a smaller 14-unit project at 2214 N Front round out the picture of steady, CMX2-driven infill.

With the Front Street corridor filling out, the mixed-use model here—pairing artisan work spaces with small-scale multifamily—offers a template for similar underutilized lots in Fairhill and neighboring Kensington. The artist studio component sets this one apart from purely residential sticks and could inform how other developers approach ground-floor programming in areas where live-work hybrids hold appeal.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
18
Zoning
CMX2
By-right envelope
~4 stories
Lot
4,146 sq ft
Last sale
2023
Cleared to build
May 9, 2023
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 107 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.

~131buildable units
████████ Street
ICMX · 0.38 mi away
Max bid to a builder $5.6M · Opportunity Score 99
Unlock →
~259buildable units
████████ Street
ICMX · 0.42 mi away
Max bid to a builder $11M · Opportunity Score 99
Unlock →
~240buildable units
████████ Street
ICMX · 0.30 mi away
Max bid to a builder $10M · Opportunity Score 99
Unlock →
~69buildable units
████████ Street
CMX3 · 0.13 mi away
Max bid to a builder $2.9M · Opportunity Score 98
Unlock →
~316buildable units
████████ Street
ICMX · 0.45 mi away
Max bid to a builder $5.0M · Opportunity Score 97
Unlock →
Unlock the 107 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.

28u2406 Mascher St0.16 mi
15u2449 N 2nd St0.20 mi
108u2000-20 E Hagert St0.29 mi
60u2221 N Front St0.31 mi
14u2214 N Front St0.32 mi
64u300 W Huntingdon St0.35 mi
31u2112 N Front St0.44 mi
44u2721-69 Ruth St0.45 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.