10-unit residential new construction, zoned CMX3.
A four-story, ten-unit building at 1116 S 12th St has wrapped construction in Bella Vista, adding another piece to a steady wave of mid-scale infill reshaping the blocks between Washington and Passyunk. The project includes ground-floor commercial space—still vacant and awaiting a tenant—above a cellar, with the residential units stacked across the upper three floors. The structure went up on a 2,729-square-foot lot under CMX3 zoning, which allows exactly this kind of mixed-use, by-right development without variance drama.
1118 Twelve Street LLC, the owner of record, picked up the site in 2024, though the building was cleared to build back in September 2022. A series of plan tweaks followed—standpipe additions in late 2023, a basement and first-floor layout revision in early 2024, and as-built adjustments to wall positions and windows approved this past fall. It's the kind of schedule creep that's typical for smaller developers navigating inspections and field conditions, but the building is now delivered and awaiting its first commercial lease.
The site sits within a cluster of similar projects: a 13-unit building at 769–75 S 10th, a nine-unit effort at 757 S 15th, a 45-unit job at 614 S 13th, and a ten-unit building at 713–15 S Mildred. Altogether, there are 77 units either delivered or under way within a half-mile radius, a reflection of Bella Vista's steady churn of low-slung parcels into modest multifamily. The neighborhood's zoning and proximity to Center City make it a logical target for this scale of development, and projects like 1116 S 12th suggest the pipeline isn't slowing.
What's notable is how many similar lots remain in the area—narrow commercial strips and former rowhomes that could follow the same playbook. As long as construction costs hold and the rental market stays firm enough to pencil four-story walk-ups, expect more of these low-drama, by-right conversions to fill in the gaps between Passyunk and Broad.
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 69 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 69 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.