13-unit residential new construction, zoned CMX2.5.
A 13-unit residential building is set to rise at 1617-19 Ridge Ave in Fairmount & Art Museum, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 24, 2020.
The 3,424 sq ft site is zoned CMX2.5, which supports a building on the order of 6 stories by right. The parcel last changed hands in 2015. The plans call for for the new construction of an attached five-story structure with a roof deck and roof deck access structure. size and location as shown on plans/application. for use as multi-family household living (thirteen (13) dwelling units) and a vacant commercial space on the first floor/lower level frontage of ridge ave(use registration required prior to occupancy).**ibc 2018**separate permits required for any mechanical,electrical and plumbing work**min of nfpa 13r to be provided in the residential units and nfpa 13 in the commercial space**standpipe system to be provided as per nfpa 14**amended as of 2/3/2023 to document a field change due to new beam installed to support elevator **.
The owner of record is 1619 Ridge Ave LP.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 371 units of new supply — including the 11-unit project at 1630-32 Ridge Ave, the 12-unit project at 1638 Ridge Ave, the 17-unit project at 1633-43 Ridge 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?
As this density arrives, InvestPHL is tracking 94 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 94 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.