15-unit residential new construction, zoned CMX2.
A 15-unit residential building is set to rise at 1103 S 47th St in Kingsessing & Cedar Park, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jul 7, 2021.
The 5,513 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 2023 for $5.0M. The plans call for for the erection of an attached four story structure with roof access structures for access to roof deck with three balconies on the front facade. structure for use as vacant commercial at ground floor (use registration required prior to occupany) with multi-family household living throughout (15 dwelling units (10 by right and 5 using the mixed income bonus)). building is fully sprinklered in accordance with nfpa 13 and standpipes to be provided in the exit stairways per nfpa 14. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within 13 feet of the building facade in accordance with section 3306 of the 2018 ibc. separate building and/or streets department permit required prior to the start of any work.*** fire watch is required once combustible construction is over 40 feet in height, a site safety plan shall be submited to building inspector prior to the start of any construction.*** separate permiits to be obtained for all other work.
The owner of record is Gold Star C&J LLC.
It isn't rising in isolation. Within a half-mile, 1 other major projects have broken ground since 2022 — roughly 12 units of new supply — including the 12-unit project at 4820 Chester 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 32 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 32 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.