21-unit residential new construction, zoned CMX2.
A 21-unit residential building is set to rise at 1868-74 Frankford Ave in Fishtown & East Kensington, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 18, 2019.
The 8,640 sq ft site is zoned CMX2, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2011 for $275K. The plans call for for the erection of a semi-detached (5) five-story mixed use structure as per plans. for use as one fresh food market on ground floor and vacant commercial space on ground floor and cellar (use registration permits required prior to occupancy) and multi-family household living twenty-one (21) dwelling units on 2nd through 5th floor and eight (8) off street bicycle (class 1a) parking spaces on an accessible route. structure to be fully sprinklered in accordance with nfpa 13. **separate permits required for mep and fire suppression work.** roof top to be a green roof approved as to form by the law department, and pwd for continued compliance with maintenance requirements **scope of work includes underpinning** **ibc 2018** .
The owner of record is Bridesburg Properties LLC.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 263 units of new supply — including the 9-unit project at 1828 Frankford Ave, the 32-unit project at 1924 N Front St, the 8-unit project at 2034 N Front 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?
As this density arrives, InvestPHL is tracking 89 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 89 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.