6-unit residential new construction, zoned RSA5.
A 6-unit residential building is set to rise at 1620-22 N Bailey St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Nov 2, 2022.
The 2,363 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2024 for $215K. The plans call for for new construction of a three-story wood-frame attached structure on reinforced concrete footings/foundations with a roof deck and one(1) interior garage parking for three(3) vehicles. for use as a multi-family household living for six(6) dwelling units throughout. building shall be fully sprinklered (13r). separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. **protection of right-of-way / pedestrians / adjacent properties required during all construction.**energy code compliance in accordance with 2018 iecc. prior to issuance of c.o submittal of air barrier checklist and envelope testing certificate is required. both to be completed by an approved party.** amended as of 4/20/2024 for a structural work upgrade as per approved plans**.
The owner of record is B&S Development LLC.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 173 units of new supply — including the 27-unit project at 2625 Jefferson St, the 16-unit project at 1525 N Stillman St, the 16-unit project at 1528 N 24th 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 1 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 1 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.