Market Insights  /  Brewerytown & Sharswood
Development Watch · Brewerytown & Sharswood

1412 N 17th StUnder construction

19-unit residential new construction, zoned RM1.

A 19-unit residential building is set to rise at 1412 N 17th St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jun 2, 2025.

The 8,550 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2025. The plans call for for the erection of a three (3) story detached structure of type v-b construction for use as group r-2 nineteen (19) dwelling units with accessory group b management office and amenity spaces. building to be fully sprinklered per nfpa 13. all work to be done per approved plans and in accordance with 2018 ibc. separate permits required for mechanical, electrical, plumbing, fire suppression, and excavation work. **an amendment is required for submission of wood truss shop drawings and associated structural analysis calculations prior to installation of trusses.**.

The owner of record is 17th Street Community Phase I L P. 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 289 units of new supply — including the 21-unit project at 1421 N 17th St, the 40-unit project at 2000 Ridge Ave, the 17-unit project at 2016 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?

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
19
Zoning
RM1
By-right envelope
~3 stories
Lot
8,550 sq ft
Last sale
2025
Cleared to build
Jun 2, 2025
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 36 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.

~61buildable units
████████ Street
CMX3 · 0.23 mi away
Max bid to a builder $2.8M · Opportunity Score 98
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~118buildable units
████████ Street
CMX3 · 0.27 mi away
Max bid to a builder $5.5M · Opportunity Score 98
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~105buildable units
████████ Street
CMX2.5 · 0.31 mi away
Max bid to a builder $2.0M · Opportunity Score 92
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~49buildable units
████████ Street
CMX3 · 0.31 mi away
Max bid to a builder $2.2M · Opportunity Score 81
Unlock →
~38buildable units
████████ Street
RM4 · 0.23 mi away
Max bid to a builder $1.8M · Opportunity Score 76
Unlock →
Unlock the 36 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.

21u1421 N 17th St0.03 mi
40u2000 Ridge Ave0.26 mi
17u2016 Ridge Ave0.27 mi
13u1613 Cecil B Moore Ave0.29 mi
12u1822 Ridge Ave0.29 mi
13u1435 W Girard Ave0.29 mi
24u1409 N 21st St0.33 mi
17u1633-43 Ridge Ave0.36 mi
Progress

How this project is moving

Interior systems ~64% 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.