166-unit residential new construction, zoned CMX2.
A 166-unit residential building is set to rise at 1201 W Girard Ave in Northern Liberties, one of the larger new-construction projects underway in Philadelphia this cycle. It was cleared to build in Oct 5, 2021.
The 45,840 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2020 for $5.2M. The plans call for for the erection of a detached structure, with pilothouses (height nte 10 feet; area nte 125 sf; for stair access only) to access roof deck; utilizing the green roof bonus and mixed-income housing. for use as household living (one-hundred and sixty-six (166) dwelling units) and for the creation of thirty-one (31) parking spaces and eighty (80) class ia bicycle spaces (located on an accessible route). building to be fully sprinklered. separaet permits required for m.e.p.s work. separate approval required from pa l&i for elevator installation. amendment to revise floor layout as per approved plans. amendment to basement plans to reflect as built configuration of the electrical and sprinkler rooms. incidental changes to the closets on 1st floor. .
The owner of record is 1201 West Girard Avenue 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 576 units of new supply — including the 70-unit project at 915-23 N Broad St, the 49-unit project at 918 N Broad St, the 13-unit project at 1435 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 85 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 85 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.