Market Insights  /  Northern Liberties
Development Watch · Northern Liberties

23-29 W Girard AveDelivered

107-unit residential new construction, zoned CMX3.

A 107-unit residential building is set to rise at 23-29 W Girard Ave in Northern Liberties, one of the larger new-construction projects underway in Philadelphia this cycle. It was cleared to build in Nov 16, 2021.

The 20,600 sq ft site is zoned CMX3, which supports a building on the order of 6 stories by right. Records show the parcel last traded in 2023 for $7.0M. The plans call for for the erection of an attached structure with roof deck and roof deck access structure as per approved plans. for use as multi-family dwelling (107 units) on the floors above with twenty-eight (28) parking spaces at the basement garage (including 2 ada accessible spaces and 1 electrical vehicular space) and forty-seven (47) class 1a bicycle spaces. building to be fully sprinklered. separaet permits required for mep & fp work. separate approval required from pa l&i for elevator installation. horizontal exits proposed at the 2nd to fifth floors as per approved plans. amendment to the stairs above the ground floor to wood framed. changes include some exterior material revisions and floor layout changes and adding roof deck on the 2nd floor. also include the foundations to switch from geopiers to helical piles. amendment to include elevator control room (705) on roof and change to special inspections agency. amendment to include additional rear deck and front balcony and minor layout change to the shell commercial space.

The owner of record is 23 Girard Partners 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, 12 other major projects have broken ground since 2022 — roughly 1,000 units of new supply — including the 107-unit project at 1122 Frankford Ave, the 84-unit project at 130 W Girard Ave, the 84-unit project at 130 W Girard 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 ~6-story by-right envelope, not the developer's design.
Units
107
Zoning
CMX3
By-right envelope
~6 stories
Lot
20,600 sq ft
Last sale
$7.0M · 2023
Cleared to build
Nov 16, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 120 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.

~88buildable units
████████ Street
CMX3 · 0.16 mi away
Max bid to a builder $6.1M · Opportunity Score 100
Unlock →
~119buildable units
████████ Street
CMX3 · 0.29 mi away
Max bid to a builder $8.3M · Opportunity Score 100
Unlock →
~81buildable units
████████ Street
CMX3 · 0.37 mi away
Max bid to a builder $5.6M · Opportunity Score 100
Unlock →
~93buildable units
████████ Street
CMX3 · 0.35 mi away
Max bid to a builder $6.5M · Opportunity Score 100
Unlock →
~78buildable units
████████ Street
CMX3 · 0.28 mi away
Max bid to a builder $5.3M · Opportunity Score 100
Unlock →
Unlock the 120 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.

107u1122 Frankford Ave0.11 mi
84u130 W Girard Ave0.11 mi
84u130 W Girard Ave0.11 mi
61u1351-59 Frankford Ave0.19 mi
26u1400-10 Frankford Ave0.20 mi
114u1442 N Front St0.26 mi
78u1000-10 N Delaware Ave0.28 mi
26u950 Marlborough St0.30 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.