157-unit residential new construction, zoned CMX3.


A seven-story, 157-unit residential building is under construction at 419 Bainbridge Street in Bella Vista, claiming a roughly 29,600-square-foot lot and positioning itself as one of the larger mid-rise additions to a stretch better known for rowhouse conversions and scattered infill. The project includes two ground-floor retail bays and a roster of amenities—parking, a roof deck, and shared common spaces—spread across the upper six floors. Bainbridge Development Owner LLC, which picked up the site this year, cleared the way to build in mid-March and has since amended the design to tweak floor layouts and elevations, a typical sign of value-engineering or tenant feedback in play.
The CMX3 zoning here allows mid-rise density by right, and the developer is using every inch of it. While the parcel is unusually deep for this part of Bella Vista, the scale isn't wildly out of step with the corridor's trajectory—though it does dwarf the typical three- and four-story conversions that dominate the immediate blocks. The retail component is a nod to Bainbridge's role as a neighborhood spine, though two separate commercial spaces will need their own certificates of occupancy before they can open, meaning final tenant mix remains to be seen.
This project lands amid a modest but steady wave of nearby residential development: 47 units are either delivered or in the pipeline within a half-mile, including a 15-unit building at 825 Bainbridge and smaller projects on American and Mildred. None approach the 157-unit scale here, which suggests Bainbridge Development Owner is betting on absorption capacity that smaller players haven't tested. The question isn't whether the market can handle another hundred-plus units in Bella Vista—it's whether two retail storefronts on a increasingly residential block will fill as easily as the apartments above them.
For nearby underused parcels, especially those with CMX3 or similar zoning, this project sets a clear precedent: deeper lots can justify taller, denser construction without requiring variances or extensive community negotiation. Expect other assemblage-ready sites along Bainbridge and the surrounding grid to draw closer scrutiny from investors who've been waiting to see whether a project of this size could move forward without friction. The amendment suggests flexibility in design, but the fundamentals—location, zoning, and unit count—remain locked in.
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 49 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 49 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.