11-unit residential new construction, zoned RM1.
A 11-unit residential building is set to rise at 3500 Wharton St in Graduate Hospital & Point Breeze, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 22, 2020.
The site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2025. The plans call for the erection of an attached structure of type vb construction for a multi-family dwelling with eleven [11] dwelling units including basement, accessory gym, accessory, storage room, meter room, fire pump, and a roof deck with a green roof system to be accessible via a pilot house (to contain stairs and landing only) as per plans.
The owner of record is 3500 Wharton St 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, 2 other major projects have broken ground since 2022 — roughly 60 units of new supply — including the 11-unit project at 3615 Sears St, the 49-unit project at 1348 S 32nd 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 47 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 47 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.