Market Insights  /  Northern Liberties
Development Watch · Northern Liberties

828-40 N 2nd StDelivered

55-unit residential new construction, zoned CMX2.5.

Rendering of 828-40 N 2nd St — Permits Issued for 828-40 North 2nd Street in Northern Liberties, North Philadelphia
Permits Issued for 828-40 North 2nd Street in Northern Liberties, North Philadelphia
Rendering of 828-40 N 2nd St — 55-Unit Building Planned in Northern Liberties at 2nd and Poplar
55-Unit Building Planned in Northern Liberties at 2nd and Poplar
Published renderings · via phillyyimby.com. Shown for informational purposes; rights belong to the original creator.See the source →

A five-story, 55-unit residential building at 828-40 N 2nd Street in Northern Liberties has been delivered, adding another mid-rise piece to the neighborhood's ongoing infill wave. The project, cleared to build in late 2022, includes shell commercial space on the ground floor and uses a mixed construction approach—Type IA for the basement and first floor, Type IIIB for the upper residential levels—connected by horizontal separations that effectively create two buildings under one roof. The assembly spans roughly 14,800 square feet of lot area, a sizable Northern Liberties footprint by contemporary standards, and rises by right under CMX2.5 zoning.

The developer is CCD 110 LLC, which acquired the site in 2021 and moved quickly to vertical construction. The project's scope called for full sprinklering, standpipes, and fire-retardant-treated framing on the wood-frame floors, a nod to the code choreography required when blending construction types within a single envelope. An amendment approved in late 2022 adjusted the excavation support system, a detail that suggests the parcel presented some subsurface complexity during early phases.

This delivery slots into a broader cluster of new residential density along the northern edge of the neighborhood, with more than 600 units either completed or under way within a half-mile radius. Nearby projects include a 97-unit building at 500 N Christopher Columbus Boulevard and a pair of developments totaling 166 and 84 units at 310 and 130 W Girard Avenue, respectively. The 2nd Street corridor has become a proving ground for developers willing to work with irregular parcels and zoning that rewards scale without requiring variance battles.

The completion of 828-40 N 2nd underscores how Northern Liberties continues to absorb development on lots that might have sat dormant a decade ago. With CMX2.5 zoning still prevalent on surrounding blocks, expect similar mid-rise residential plays to follow wherever assemblage and economics align, particularly as the neighborhood's appeal to renters and first-time buyers holds steady.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~5-story by-right envelope, not the developer's design.
Units
55
Zoning
CMX2.5
By-right envelope
~5 stories
Lot
14,798 sq ft
Last sale
$5.0M · 2021
Cleared to build
Nov 3, 2022
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 112 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.

~328buildable units
████████ Street
CMX4 · 0.47 mi away
Max bid to a builder $23M · Opportunity Score 100
Unlock →
~88buildable units
████████ Street
CMX3 · 0.35 mi away
Max bid to a builder $6.1M · Opportunity Score 100
Unlock →
~71buildable units
████████ Street
CMX3 · 0.19 mi away
Max bid to a builder $5.0M · Opportunity Score 100
Unlock →
~119buildable units
████████ Street
CMX3 · 0.18 mi away
Max bid to a builder $8.3M · Opportunity Score 100
Unlock →
~81buildable units
████████ Street
CMX3 · 0.20 mi away
Max bid to a builder $5.6M · Opportunity Score 100
Unlock →
Unlock the 112 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.

10u1139-41 N 3rd St0.32 mi
97u500 N Christopher Columbus Blvd0.34 mi
166u310 W Girard Ave0.38 mi
84u130 W Girard Ave0.38 mi
84u130 W Girard Ave0.38 mi
78u1000-10 N Delaware Ave0.38 mi
107u1122 Frankford Ave0.42 mi
In the news

What we're hearing about this project

Permits were issued in November 2022 for the 55-unit mixed-use building designed by Coscia Moos Architecture with construction cost listed at $7.1 million.
Hidden City Philadelphia reported in February 2023 that the development designed by Coscia Moos Architecture would include 55 residential units and ground floor commercial space.
Rising Real Estate reported in July 2022 that Catalyst City Development and Southwood Properties planned a 5-story building with 55 units and 9,000 square feet of ground floor commercial space.
The developers confirmed the building was purchased in 2021, built by The HOW Group, has become fully occupied residentially, and features CorePower Yoga and Madis Coffee as ground-floor retail tenants.
MSC marketed the 5,150 square feet of ground-floor retail space in July 2025, highlighting CorePower Yoga and Madis Coffee Roasters as co-tenants.
News items are compiled automatically and may be approximate — verify before relying on them.
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.