Market Insights  /  Fishtown & East Kensington
Development Watch · Fishtown & East Kensington

1999 E Boston StDelivered

168-unit residential new construction, zoned IRMX.

A 168-unit residential building is set to rise at 1999 E Boston St in Fishtown & East Kensington, one of the larger new-construction projects underway in Philadelphia this cycle. It was cleared to build in Oct 30, 2020.

The site is zoned IRMX, which supports a building on the order of 6 stories by right. The parcel last changed hands in 2024. The plans call for new construction of a six (6) story structure to include artist studios, one hundred sixty-eight (168) dwelling units and accessory parking as per approved plans. building to utilize horizontal separations to create two (2) separate buildings with two (2) different construction types (1st floor - type ia and 2nd through 6th floors - type iiib). fire retardant treated studs and sheathing required for type iii construction. work to include underpinning to be monitored by a pa licensed pe at all times. **building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 5/18/21 amend new construction permit no. cp-2020-004415 to include underpinning plans and details as per approved plans. underpinning must be monitored by a pa licensed pe at all times. amendment approved 9/20/21 amend new construction permit cp-2020-004415 to convert artisan industrial spaces to twelve additional dwelling units, for a total of one hundred eighty (180) dwelling units as per approved plans. amendment approved 11/1/21 amend new construction permit cp-2020-004415 to include manufacturer's floor and roof truss drawings as per approved plans. amendment approved 2/18/21 amend new construction permit cp-2020-004415 to revise floor assemblies as per approved plans. .

The owner of record is York Partners Oz LP. 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 507 units of new supply — including the 108-unit project at 2000-20 E Hagert St, the 60-unit project at 2221 N Front St, the 14-unit project at 2214 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)
Schematic massing — illustrative of the ~6-story by-right envelope, not the developer's design.
Units
168
Zoning
IRMX
By-right envelope
~6 stories
Last sale
2024
Cleared to build
Oct 30, 2020
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 116 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 · 0.41 mi away
Max bid to a builder $5.6M · Opportunity Score 99
Unlock →
~259buildable units
████████ Street
ICMX · 0.40 mi away
Max bid to a builder $11M · Opportunity Score 99
Unlock →
~240buildable units
████████ Street
ICMX · 0.42 mi away
Max bid to a builder $10M · Opportunity Score 99
Unlock →
~233buildable units
████████ Street
CMX2 · 0.45 mi away
Max bid to a builder $10.0M · Opportunity Score 98
Unlock →
~69buildable units
████████ Street
CMX3 · 0.14 mi away
Max bid to a builder $2.9M · Opportunity Score 98
Unlock →
Unlock the 116 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.

108u2000-20 E Hagert St0.04 mi
60u2221 N Front St0.16 mi
14u2214 N Front St0.18 mi
16u2456 Frankford Ave0.22 mi
18u2520 N Front St0.25 mi
22u2406 Frankford Ave0.25 mi
28u2406 Mascher St0.26 mi
31u2112 N Front St0.28 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.