Market Insights  /  Fishtown
Development Watch · Fishtown

1700 N Front StDelivered

204-unit residential new construction, zoned CMX2.5.

Fishtown UrbyDeveloperUrby (joint venture between Ironstate Development and Brookfield Properties)ArchitectConcrete Amsterdam (architecture and interior design); NORR (architecture, structural engineering, MEP engineering); Bureau Bas Smets (landscape architecture)StatusConstruction complete July 2025; leasing began January 2025Official site →
Rendering of 1700 N Front St — Urby Begins Leasing 204-Unit Apartment Complex in Philadelphia
Urby Begins Leasing 204-Unit Apartment Complex in Philadelphia
Rendering of 1700 N Front St — Fishtown Urby Now Leasing in one of Philadelphia's Most Vibrant Neighborhoods
Fishtown Urby Now Leasing in one of Philadelphia's Most Vibrant Neighborhoods
Published renderings · via rebusinessonline.com. Shown for informational purposes; rights belong to the original creator.See the source →

A five-story, 204-unit apartment building has been delivered at 1700 N Front St in Fishtown, anchoring a sizable lot just over an acre in size. The building was cleared to build in late 2021 and uses a hybrid construction approach—Type IA on the ground floor to accommodate shell commercial spaces, with Type VA wood-frame construction on the upper four residential floors. The project includes 24 units designated as short-term rentals, a configuration shift approved in mid-2024, along with ground-floor retail that will require separate fit-out work before tenants can move in.

The site is zoned CMX2.5, a by-right mixed-use designation common along Front Street's commercial spine, and is controlled by 1700 North Front Owner LLC, which acquired the parcel in 2022. Several design amendments were approved between 2022 and 2024, including foundation adjustments to keep footings within property lines, elevator hoistway changes, and reconfigured retail shells. The mix of market-rate apartments and short-term units reflects a developer bet on both long-term renters and the neighborhood's growing appeal to visitors.

The building lands in the middle of a development cluster that's added nearly 500 units within a half-mile, including a 108-unit project at 1640-48 N Hancock and a 55-unit building at 1713 N Front. At this scale, 1700 N Front is among the largest in the immediate area, marking a continuation of Fishtown's shift from scattered infill to full-block, podium-style multifamily. The Front Street corridor still holds a scattering of underbuilt lots and single-story commercial strips, and this project sets a clear precedent for what CMX2.5 can yield when assembled at scale.

With the building now delivered, attention turns to how quickly the retail shells lease up and whether the short-term rental component captures sustained demand. The project's size and mixed-income housing potential—though no affordability component is noted here—suggest that larger parcels along Front are ripe for similar plays, particularly where owners can consolidate multiple tax keys and push toward the zoning envelope's upper limits.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~5-story by-right envelope, not the developer's design.
Units
204
Zoning
CMX2.5
By-right envelope
~5 stories
Lot
45,273 sq ft
Last sale
2022
Cleared to build
Dec 7, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 115 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.

~101buildable units
████████ Street
CMX2 · 0.09 mi away
Max bid to a builder $4.4M · Opportunity Score 98
Unlock →
~338buildable units
████████ Street
ICMX · 0.38 mi away
Max bid to a builder $7.1M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.38 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~179buildable units
████████ Street
ICMX · 0.14 mi away
Max bid to a builder $3.4M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.45 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
Unlock the 115 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.

55u1713 N Front St0.04 mi
40u1716 Frankford Ave0.08 mi
9u1700 Frankford Ave0.09 mi
108u1640-48 N Hancock St0.16 mi
9u1751 Tilghman St0.17 mi
9u1828 Frankford Ave0.20 mi
12u1733-41 N 2nd St0.20 mi
114u1440 N Front St0.21 mi
In the news

What we're hearing about this project

Urby began leasing the five-story building at 1700 Front St. in January 2025 with rents starting in the $1500s for studios.
The building was developed in partnership with The Fishtown Collective and features a mural by Dutch tattoo artist Henk Schiffmacher.
Construction was complete as of July 2025 for the 172,844-square-foot mixed-use project with 16,429 square feet of retail.
Design by Dutch firm Concrete Amsterdam features brick and colorful cladding reflecting Fishtown's historical roots and playful spirit.
The five-story building emphasizes communal spaces including two courtyards, rooftop terrace, fitness center and work-from-home areas.
News items are compiled automatically and may be approximate — verify before relying on them.
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.