28-unit residential new construction, zoned RM1.
A 28-unit residential building is set to rise at 3045-51 Richmond St in Port Richmond & Kensington, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 7, 2020.
The 10,080 sq ft site is zoned RM1, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2019 for $840K. The plans call for new construction of a five story structure for use as multi-family dwelling (28 total units) with an accessory parking garage on the first floor as per approved plans. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. first floor to be of type ia construction and type va construction above per horizontal building separation allowance, section 510.2 of 2018 ibc. *2018 ibc review* **separate permits required for mep & fire suppression work* amendment approved 11/19/21 amend new construction permit cp-2020-002784 for changes to framing system as per approved plans.
The owner of record is 3045 Richmond Street LLC.
It isn't rising in isolation. Within a half-mile, 1 other major projects have broken ground since 2022 — roughly 15 units of new supply — including the 15-unit project at 2976 Richmond 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?
Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.