18-unit residential new construction, zoned RSA5.
A 18-unit residential building is set to rise at 2421 Mascher St in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jan 24, 2020.
The 6,876 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2022. The plans call for for the erection of a three (3) story detached structure with green roof, private roof decks and pilot houses. for use as eighteen (18) dwelling units (r-2 occupancy) including two (2) type b units. all work to be done per plans and in accordance with 2018 ibc. work includes special inspections for structural steel, cold-formed steel deck, structural masonry, existing site soil conditions and excavation and fill. building to be fully sprinklered with nfpa 13 system. separate permits required for mechanical, electrical, plumbing, and fire suppression work. protection of pedestrians, public right-of-way, and adjacent properties required at all times. **separate permit required for installation of floor and roof trusses** [amendment approved 4/21/2021 - for changes to the interior and exterior layouts to include a new fitness center at the cellar level and relocation of rooftop hvac condenser units as per approved amended plans.].
The owner of record is 2421 N Mascher 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 424 units of new supply — including the 28-unit project at 2406 Mascher St, the 15-unit project at 2449 N 2nd St, the 18-unit project at 2520 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)As this density arrives, InvestPHL is tracking 110 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 110 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.