15-unit residential new construction, zoned RM1.
A four-story, 15-unit building at 6712 Ridge Ave in Roxborough has been delivered, adding to a steady wave of mid-rise development along the neighborhood's commercial spine. Cleared to build in April 2022, the project sits on an 8,375-square-foot lot zoned RM1, making the density entirely by-right. The scope included a new detached structure and a conversion of an existing building on-site into three additional units, though the latter required separate approvals.
Srd 6712 LLC, the owner of record since 2021, executed a relatively quick turnaround on the parcel. The project fits comfortably within Roxborough's incremental densification pattern—less ambitious than the 80-unit development at 6808 Ridge and more in line with the 15-unit building at 7037 Ridge. Altogether, nearly 100 units have been added within a half-mile radius in recent years, signaling developer confidence in Ridge Avenue's walkable, transit-adjacent framework.
What stands out here is the dual-permit strategy: erecting new construction while preserving and converting existing structures. It's a model that squeezes more yield from irregularly shaped or constrained lots without triggering zoning relief. With RM1 parcels scattered along Ridge, expect similar moves from owners looking to capitalize on stable absorption and the continued appeal of Roxborough's lower price points relative to closer-in neighborhoods.
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 27 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 27 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.