Market Insights  /  Fairhill
Development Watch · Fairhill

2500 Mascher StDelivered

14-unit residential new construction, zoned RM1.

A 14-unit residential building is set to rise at 2500 Mascher St in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 25, 2021.

The 3,700 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. The plans call for for new construction of a four-story building with cellar, roof decks and roof-deck access structures. building to be fully sprinklered with nfpa 13r and standpipes per nfpa 14. separate permits required for mechanical, electrical, plumbing and fire suppression. *10-18-22 amend unit #1 to be bi-level*.

The owner of record is Nha Development 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, 9 other major projects have broken ground since 2022 — roughly 346 units of new supply — including the 15-unit project at 2449 N 2nd St, the 28-unit project at 2406 Mascher St, the 18-unit project at 2520 N Front St. 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 ~4-story by-right envelope, not the developer's design.
Units
14
Zoning
RM1
By-right envelope
~4 stories
Lot
3,700 sq ft
Cleared to build
Oct 25, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 111 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.

~131buildable units
████████ Street
ICMX · 0.49 mi away
Max bid to a builder $5.6M · Opportunity Score 99
Unlock →
~240buildable units
████████ Street
ICMX · 0.39 mi away
Max bid to a builder $10M · Opportunity Score 99
Unlock →
~69buildable units
████████ Street
CMX3 · 0.22 mi away
Max bid to a builder $2.9M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.49 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~316buildable units
████████ Street
ICMX · 0.41 mi away
Max bid to a builder $5.0M · Opportunity Score 97
Unlock →
Unlock the 111 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.

15u2449 N 2nd St0.08 mi
28u2406 Mascher St0.09 mi
18u2520 N Front St0.11 mi
64u300 W Huntingdon St0.25 mi
14u2214 N Front St0.31 mi
60u2221 N Front St0.31 mi
108u2000-20 E Hagert St0.35 mi
31u2112 N Front St0.42 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.