Market Insights  /  Northern Liberties
Development Watch · Northern Liberties

1201 W Girard AveDelivered

166-unit residential new construction, zoned CMX2.

A 166-unit residential building has delivered at 1201 W Girard Ave in Northern Liberties, filling out a full-acre site with four stories of housing plus rooftop access and 31 parking spaces. The project, which was cleared to build in late 2021, includes 80 bike spaces and takes advantage of the city's green roof bonus and mixed-income housing provisions. The CMX2 zoning allows this kind of midrise residential by right along the Girard corridor, and the developer threaded in pilothouse structures for stair access to the roof deck, each capped at 125 square feet and 10 feet in height.

1201 West Girard Avenue LLC picked up the site in 2020 and moved quickly to get the building out of the ground. The scope called for full sprinklers, separate mechanical and electrical work, and elevator approvals through the state, with amendments during construction tweaking floor layouts and adjusting basement configurations for electrical and sprinkler rooms. It's a straightforward midrise play on a sizable parcel, delivering density without requiring zoning relief or variances.

The project sits within a concentrated development wave along the Girard and North Broad corridors, where nearly 600 units have either delivered or are in the pipeline within a half mile. Nearby projects include a 70-unit building at 915-23 N Broad, a 49-unit structure at 918 N Broad, and smaller infill plays on Girard and Ridge. The cluster of activity suggests that developers see the area as ripe for midrise residential, particularly on parcels large enough to pencil without requiring air rights or complex assemblages.

With 1201 W Girard now occupied, the question is how quickly surrounding underused lots follow suit. The precedent is set for four-story, by-right projects that can absorb mixed-income requirements and still deliver meaningful unit counts. Other sizable parcels along this stretch of Girard—particularly those with CMX2 zoning and minimal demo costs—are likely watching closely to see how leasing and absorption shake out here before committing to their own plans.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
166
Zoning
CMX2
By-right envelope
~4 stories
Lot
45,840 sq ft
Last sale
$5.2M · 2020
Cleared to build
Oct 5, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 82 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.

~86buildable units
████████ Street
CMX4 · 0.31 mi away
Max bid to a builder $5.9M · Opportunity Score 100
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~75buildable units
████████ Street
CMX4 · 0.28 mi away
Max bid to a builder $5.1M · Opportunity Score 100
Unlock →
~79buildable units
████████ Street
ICMX · 0.47 mi away
Max bid to a builder $5.4M · Opportunity Score 100
Unlock →
~85buildable units
████████ Street
ICMX · 0.45 mi away
Max bid to a builder $5.8M · Opportunity Score 100
Unlock →
~132buildable units
████████ Street
CMX2 · 0.38 mi away
Max bid to a builder $9.1M · Opportunity Score 99
Unlock →
Unlock the 82 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.

70u915-23 N Broad St0.15 mi
49u918 N Broad St0.20 mi
13u1435 W Girard Ave0.24 mi
20u689-95 N Broad St0.42 mi
17u1633-43 Ridge Ave0.43 mi
11u1630-32 Ridge Ave0.44 mi
160u1600-10 N 11th St0.44 mi
160u1600-10 N 11th St0.44 mi
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.