Market Insights  /  Fairmount & Art Museum
Development Watch · Fairmount & Art Museum

1435 W Girard AveUnder construction

13-unit residential new construction, zoned CMX4.

A five-story, 13-unit residential building is under way at 1435 W Girard Ave in Fairmount, filling a 2,163-square-foot lot just west of the Broad Street corridor. The project went vertical late last year and rises under CMX-4 zoning, which allows the density by right. Construction includes full sprinklers, standpipes, and fire-retardant-treated framing for Type III assembly, along with underpinning work that requires continuous engineering oversight—details that point to a tight urban site with shared-wall neighbors.

Djb Development LLC acquired the parcel in 2023 and is moving quickly to capitalize on a steady wave of mid-rise multifamily construction in the immediate area. Within a half-mile, nearly 280 units are either planned or delivered, including the 49-unit project at 918 N Broad, a 70-unit building at 915-23 N Broad, and a cluster of smaller buildings along Ridge Avenue that range from 11 to 17 units apiece. The corridor is clearly in transition, with institutional investment and smaller operators alike testing the appetite for new rental product near the museums and edge-of-Center-City transit access.

The 1435 W Girard project is modest in unit count but notable for its efficient use of a narrow footprint—packing 13 residences across five stories suggests relatively tight layouts, likely studios and one-bedrooms aimed at renters priced out of more central submarkets. The building's positioning on Girard, a primary east-west artery, offers visibility and transit proximity without the land costs of Broad or Fairmount proper. For developers eyeing similarly scaled lots along this stretch, the project offers a proof-of-concept: CMX-4 parcels can deliver meaningful unit counts even on compact sites, provided construction logistics and fire-code compliance are managed tightly from the start.

As the building nears delivery, its completion will add incremental density to a stretch of Girard that has historically been underbuilt relative to its zoning envelope. With several hundred units in the pipeline nearby, the corridor is moving away from single-story retail and surface parking toward a more urban grain—one that could eventually support stronger ground-floor retail and pedestrian activity. The project won't single-handedly reshape the block, but it reflects a broader pattern of infill development that is gradually redefining Fairmount's western edge.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~5-story by-right envelope, not the developer's design.
Units
13
Zoning
CMX4
By-right envelope
~5 stories
Lot
2,163 sq ft
Last sale
$650K · 2023
Cleared to build
Nov 18, 2024
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 76 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.

~86buildable units
████████ Street
CMX4 · 0.29 mi away
Max bid to a builder $5.9M · Opportunity Score 100
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~75buildable units
████████ Street
CMX4 · 0.26 mi away
Max bid to a builder $5.1M · Opportunity Score 100
Unlock →
~66buildable units
████████ Street
CMX2 · 0.47 mi away
Max bid to a builder $4.6M · Opportunity Score 99
Unlock →
~303buildable units
████████ Street
CMX4 · 0.40 mi away
Max bid to a builder $14M · Opportunity Score 99
Unlock →
~92buildable units
████████ Street
CMX4 · 0.10 mi away
Max bid to a builder $4.4M · Opportunity Score 99
Unlock →
Unlock the 76 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.

49u918 N Broad St0.08 mi
70u915-23 N Broad St0.13 mi
17u1633-43 Ridge Ave0.21 mi
11u1630-32 Ridge Ave0.24 mi
12u1638 Ridge Ave0.24 mi
21u1421 N 17th St0.29 mi
19u1412 N 17th St0.29 mi
12u1822 Ridge Ave0.30 mi
Progress

How this project is moving

Interior systems ~64% 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.