1731-39 Tilghman StDelivered

A 28-unit residential building is set to rise at 1731-39 Tilghman St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jan 4, 2021.

The 10,000 sq ft site is zoned ICMX, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2021 for $1.6M. The plans call for for the amendment of previously approved permit cp-2020-005909 for revisions to building layout and to document change in stair enclosure construction. proposal to include combustible materials within fire separated stairwell as per approved plans and bbs variance no. mi-2024-001390 amendment: for the amendment of previously approved permit cp-2020-005909 to document installation of a roof deck, installation of a horizontal exit with changes to layouts throughout the building as shown per approved plans. changes to structural supports proposed. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. separate permits to be obtained for all other work. original: for the erection of a five story building for use as the following: vacant commercial space at first floor (use registration permit required prior to occupancy) in the same building with multi-family household living (28 dwelling units) with eleven (11) bicycle spaces in an accessible route. building composed of two different construction types (type ia(basement-first floor level) and type va construction (second-fifth floor level). building is fully sprinklered in accordance with nfpa 13 and standpipes to be provided in the exit stairways per nfpa 14. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within 15 feet of the building facade in accordance with section 3306 of the 2018 ibc. separate building and/or streets department permit required prior to the start of any work.*** fire watch is required once combustible construction is over 40 feet in height, a site safety plan shall be submited to building inspector prior to the start of any construction.*** separate permiits to be obtained for all other work. .

The owner of record is 1731 39 Tilghman Qozb 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 625 units of new supply — including the 12-unit project at 1733-41 N 2nd St, the 9-unit project at 1751 Tilghman St, the 108-unit project at 1640-48 N Hancock 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?