6-unit residential new construction, zoned CMX3.
A 6-unit residential building is set to rise at 319 Cherry St in Old City & Society Hill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Mar 31, 2022.
The 1,548 sq ft site is zoned CMX3, which supports a building on the order of 6 stories by right. Records show the parcel last traded in 2025 for $6.7M. The plans call for amendment iii: for the amendment of previously approved permit cp-2021-008937 to document change in layout as shown per approved plans. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. no change in height, area, and/or use of the building. separate permits to be obtained for all other work. amendment ii: for the amendment of previously approved permit cp-2021-008937 to document change in shoring design, all work to be done per approved plans and documentation. if field conditions vary contact design engineer prior to the start of any work. separate permits to be obtained for all other work. amendment i: for the amendment of previously approved permit cp-2021-008937 to document change in layout as shown per approved plans, type a unit moved to 4th floor level. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. no change in height, area, and/or use of the building. separate permits to be obtained for all other work. original: for the erection of a six story structure on 319 cherry street. proposed six (6) story structure will connect to an existing structure on 141-43 n 4th street that will encompass level iii alterations and an addition. the existing 4-story structure with a partial basement on 4th street is to be renovated consisting of interior alterations and exterior repairs as required. a one story addition will be added to a portion of the four story structure under cp-2021-008937. the building spans two separate lots and are composed of two different construction types as shown per plans. portion of the basement and first floor level are composed of type ia construction with the remainder of the building to be of type iiia construction as shown per plans. structure spanning both lots approved for the following use: for a multi-family household living ( 36 dwelling units) with ten(10) bicycle spaces in an acc.
The owner of record is Onyx 141 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, 7 other major projects have broken ground since 2022 — roughly 365 units of new supply — including the 34-unit project at 322-40 Race St, the 11-unit project at 225 Quarry St, the 85-unit project at 230-36 Vine 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 55 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 55 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.