0-unit residential new construction, zoned RM1.
A 0-unit residential building is set to rise at 2143 E Dakota St in Fishtown & East Kensington, the kind of by-right infill quietly reshaping the block.
The site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2023.
The owner of record is Rim Ram LLC.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 360 units of new supply — including the 22-unit project at 2406 Frankford Ave, the 16-unit project at 2456 Frankford Ave, the 108-unit project at 2000-20 E Hagert 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?
As this density arrives, InvestPHL is tracking 88 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 88 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.