19-unit residential new construction, zoned CMX2.5.
A 19-unit residential building is set to rise at 2045-49 N 2nd St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 17, 2020.
The 6,213 sq ft site is zoned CMX2.5, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2018. The plans call for for the erection of a four (4) story attached structure as per approved plans. for use as eighteen (18) dwelling units and vacant commercial space. structure to be fully sprinklered in accordance with nfpa 13. **separate permits required for mep and fire suppression work.** **2018 ibc**amended as of 7/16/2021 for the addition of an elevator. *amendment to change special inspection agency and dprc. .
The owner of record is 2045 N 2nd St Holdings 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 558 units of new supply — including the 40-unit project at 2034 N 2nd St, the 13-unit project at 1935 N 2nd St, the 21-unit project at 1931 N 2nd 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 169 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 169 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.