Market Insights  /  Graduate Hospital & Point Breeze
Development Watch · Graduate Hospital & Point Breeze

1330-34 S Patton StDelivered

42-unit residential new construction, zoned RM1.

A 42-unit residential building is set to rise at 1330-34 S Patton St in Graduate Hospital & Point Breeze, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Jun 14, 2021.

The 10,790 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2021 for $925K. The plans call for amendment: for the amendment of previously approved permit cp-2020-005379 to document changes in basement layout with no change in area of the existing building height and/or area. work to also include the removal of roof deck. all work to be done per approved plans and documentation sealed by design professional. original: for the erection of a four story detached building for use as the following: forty-two (42) dwelling units and fourteen (14) off street bicycle (class 1a) parking spaces on an accessible route; with a roof deck above the 4th floor level to contain accessory roof deck accessed by roof deck access structures. 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 12 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 Patton Partners LLC.

It isn't rising in isolation. Within a half-mile, 3 other major projects have broken ground since 2022 — roughly 69 units of new supply — including the 49-unit project at 1348 S 32nd St, the 11-unit project at 3615 Sears St, the 9-unit project at 2732 Manton 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?

Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
42
Zoning
RM1
By-right envelope
~4 stories
Lot
10,790 sq ft
Last sale
$925K · 2021
Cleared to build
Jun 14, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 84 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.

~82buildable units
████████ Street
RM1 · 0.17 mi away
Max bid to a builder $4.7M · Opportunity Score 98
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~29buildable units
████████ Street
RM1 · 0.19 mi away
Max bid to a builder $425K · Opportunity Score 77
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~41buildable units
████████ Street
CMX2 · 0.24 mi away
Max bid to a builder $2.3M · Opportunity Score 77
Unlock →
~42buildable units
████████ Street
ICMX · 0.10 mi away
Max bid to a builder $2.4M · Opportunity Score 71
Unlock →
~37buildable units
████████ Street
ICMX · 0.12 mi away
Max bid to a builder $2.0M · Opportunity Score 68
Unlock →
Unlock the 84 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.

49u1348 S 32nd St0.04 mi
11u3615 Sears St0.33 mi
9u2732 Manton St0.38 mi
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.