10-unit residential new construction, zoned CMX2.
A 10-unit residential building is set to rise at 3804 Lancaster Ave in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jan 2, 2020.
The 3,593 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2018 for $500K. The plans call for for the erection of a four (4) story attached structure as per approved plans to include underpinning. for use as ten (10) dwelling units and vacant commercial spaces. structure to be fully sprinklered in accordance with nfpa 13. **separate permits required for mep and fire suppression work.** **2018 ibc** amendment issued on 7/6/2021 to document changes to footings and foundations as per approved engineered plans. all work to be done approved plans. a separate permit is required for all other work. amendment issued on 10/28/2022 to change special inspection agency to fidelis engineering inc as per the revised special inspection documents. .
The owner of record is 4pillars Property 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, 11 other major projects have broken ground since 2022 — roughly 974 units of new supply — including the 62-unit project at 3620 Haverford Ave, the 14-unit project at 3932-36 Mount Vernon St, the 16-unit project at 3618 Wallace 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)As this density arrives, InvestPHL is tracking 61 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 61 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.