47-unit residential new construction, zoned CMX3.
A 47-unit residential building is set to rise at 1131-39 N Front St in Northern Liberties, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Oct 19, 2021.
The 8,232 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 2018 for $1.4M. The plans call for new construction of a six-story building with common roof deck for use as ground floor shell commercial space (use registration & fit-out permits required prior to occupancy) and accessory open parking garage with forty-seven (47) dwelling units above as per approved plans. building to utilize horizontal separations to create two (2) separate buildings with two (2) different construction types (cellar & 1st floors - type ia and 2nd through 6th floors - type iiib). fire retardant treated studs and sheathing required for type iii construction. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc review* **separate permits required for mep & fire suppression work**.
The owner of record is Front Street Two 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, 12 other major projects have broken ground since 2022 — roughly 1,000 units of new supply — including the 107-unit project at 1122 Frankford Ave, the 84-unit project at 130 W Girard Ave, the 84-unit project at 130 W Girard Ave. 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 121 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 121 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.