Market Insights  /  Fishtown
Development Watch · Fishtown

2034 N 2nd StDelivered

40-unit residential new construction, zoned IRMX.

A six-story building with 40 residential units and ground-floor artist studios has been delivered at 2034 N 2nd Street in Fishtown. The project, built by Gotham North LP on a 7,244-square-foot parcel acquired in 2019, includes first-floor accessory parking and mechanical access to a green roof above the sixth story. The artist studios—explicitly restricted from rental as dwelling units and barred from industrial uses—occupy space alongside the garage on the lower floors, while the 40 apartments stack above from the second through sixth levels.

The site carries IRMX zoning, which permits the project's mixed residential and studio configuration by right. The building rises from a relatively narrow lot, threading the needle between density and the neighborhood's evolving development template. Cleared to build in April 2023, the structure required full sprinkler and standpipe systems along with fire alarm installation, reflecting its height and occupancy mix.

Gotham North's project joins a steady drumbeat of mid-rise infill along this stretch of North 2nd and nearby blocks. Within a half-mile radius, at least 259 new units have either delivered or are in the pipeline, including 13 units at 1935 N 2nd, 21 at 1931 N 2nd, and 33 at 300 W Norris. The pace underscores Fishtown's maturation from scattered rowhouse subdivisions to a denser, transit-adjacent corridor where six-story structures are becoming the default.

The artist-studio component is a wrinkle worth noting—likely a nod to the neighborhood's creative legacy, though the mechanics of how those spaces will lease and operate remain to be seen. As for the surrounding fabric, the delivery of 2034 N 2nd confirms that comparable IRMX parcels nearby—especially those still holding surface parking or low-slung commercial—are prime candidates for similar treatment. The formula is now proven, and the land math tilts further toward redevelopment with each new building that fills in.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~6-story by-right envelope, not the developer's design.
Units
40
Zoning
IRMX
By-right envelope
~6 stories
Lot
7,244 sq ft
Last sale
2019
Cleared to build
Apr 28, 2023
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 164 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.

~101buildable units
████████ Street
CMX2 · 0.44 mi away
Max bid to a builder $4.4M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.10 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~190buildable units
████████ Street
ICMX · 0.46 mi away
Max bid to a builder $4.0M · Opportunity Score 94
Unlock →
~179buildable units
████████ Street
ICMX · 0.45 mi away
Max bid to a builder $3.4M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.08 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
Unlock the 164 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.

13u1935 N 2nd St0.10 mi
21u1931 N 2nd St0.10 mi
285u1901 N American St0.11 mi
33u300 W Norris St0.15 mi
8u2034 N Front St0.22 mi
31u2112 N Front St0.23 mi
32u1924 N Front St0.24 mi
8u1850 N Leithgow St0.28 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.