8-unit residential new construction, zoned RSA3.
A 8-unit residential building is set to rise at 3517 N 16th St in Nicetown & Tioga, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 27, 2021.
The 2,500 sq ft site is zoned RSA3, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2023. The plans call for new construction of a four (4) story, eight (8) dwelling units as per approved plans. building to be fully sprinklered per nfpa 13r. separate permits required for mep & fire suppression work. *2018 ibc review* amendment 5/31/23 to document grading changes, foundation changes, interior stair modifcations, exterior stairs. .
The owner of record is Residences At N 16th 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, 6 other major projects have broken ground since 2022 — roughly 178 units of new supply — including the 30-unit project at 3725-37 Pulaski Ave, the 43-unit project at 3249 N 16th St, the 27-unit project at 3216 N 16th 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)As this density arrives, InvestPHL is tracking 124 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 124 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.