Market Insights  /  Fishtown
Development Watch · Fishtown

1307 Germantown AveDelivered

0-unit residential new construction, zoned ICMX.

A 0-unit residential building is set to rise at 1307 Germantown Ave in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jul 7, 2026.

The site is zoned ICMX, which supports a building on the order of 6 stories by right. The parcel last changed hands in 2023. The plans call for install new fire suppression system complying with nfpa 13 throughout the building to include 6" main fire service line with a 6" ames deringer20 backflow prevention assembly and two (2) standpipe risers complying with nfpa 14 as per approved plans. all work shall be performed by a fire suppression contractor licensed by the city of philadelphia.

The owner of record is Wood Capital Investments 8 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 980 units of new supply — including the 166-unit project at 310 W Girard Ave, the 10-unit project at 1139-41 N 3rd St, the 84-unit project at 130 W Girard Ave. 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 ~6-story by-right envelope, not the developer's design.
Units
Zoning
ICMX
By-right envelope
~6 stories
Last sale
2023
Cleared to build
Jul 7, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 138 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.

~88buildable units
████████ Street
CMX3 · 0.44 mi away
Max bid to a builder $6.1M · Opportunity Score 100
Unlock →
~119buildable units
████████ Street
CMX3 · 0.37 mi away
Max bid to a builder $8.3M · Opportunity Score 100
Unlock →
~93buildable units
████████ Street
CMX3 · 0.43 mi away
Max bid to a builder $6.5M · Opportunity Score 100
Unlock →
~98buildable units
████████ Street
CMX2 · 0.32 mi away
Max bid to a builder $6.7M · Opportunity Score 100
Unlock →
~113buildable units
████████ Street
CMX3 · 0.22 mi away
Max bid to a builder $7.9M · Opportunity Score 99
Unlock →
Unlock the 138 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.

166u310 W Girard Ave0.16 mi
10u1139-41 N 3rd St0.21 mi
84u130 W Girard Ave0.26 mi
84u130 W Girard Ave0.26 mi
114u1442 N Front St0.32 mi
200u1635 N 5th St0.32 mi
26u1400-10 Frankford Ave0.33 mi
108u1640-48 N Hancock St0.34 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.