6-unit residential new construction, zoned RSA5.
A 6-unit residential building is set to rise at 3933 Brown St in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 21, 2025.
The 1,633 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2026 for $180K. The plans call for new construction of a three (3) story building with front porch for use as six (6) dwelling units as per approved plans. building to be fully sprinklered. *2018 ibc review* **separate permits required for mep & fire suppression work**.
The owner of record is Lapstone Capital 6 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 174 units of new supply — including the 12-unit project at 748 N 40th St, the 12-unit project at 3900 Aspen St, the 9-unit project at 865 N 40th 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 89 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 89 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.