Market Insights  /  Brewerytown & Sharswood
Development Watch · Brewerytown & Sharswood

2824 Cecil B Moore AveUnder construction

5-unit residential new construction, zoned RM1.

A 5-unit residential building is set to rise at 2824 Cecil B Moore Ave in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Sep 5, 2024.

The 2,214 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2024. The plans call for new construction of a three (3) story building for use as five (5) dwelling units as per approved plans. building to be fully sprinklered. *2018 ibc review* **separate permits required for mep & fire suppression work**.

The owner of record is 2824-26 Cecil B Moore Avenue 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 185 units of new supply — including the 27-unit project at 2625 Jefferson St, the 16-unit project at 1525 N Stillman St, the 8-unit project at 1528 N 24th 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 ~3-story by-right envelope, not the developer's design.
Units
5
Zoning
RM1
By-right envelope
~3 stories
Lot
2,214 sq ft
Last sale
2024
Cleared to build
Sep 5, 2024
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.

27u2625 Jefferson St0.23 mi
16u1525 N Stillman St0.29 mi
8u1528 N 24th St0.35 mi
21u1528 N 24th St0.35 mi
16u1528 N 24th St0.35 mi
14u1515 N 25th St0.36 mi
20u3117 Master St0.36 mi
15u1503 N 25th St0.37 mi
Progress

How this project is moving

Life-safety systems ~78% 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.