33-unit residential new construction, zoned CMX2.
A 33-unit residential building is set to rise at 10 Bethlehem Pike in Chestnut Hill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Nov 21, 2021.
The 11,051 sq ft site is zoned CMX2, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2021 for $1.9M. The plans call for new construction of a five (5) story structure with common roof deck and pilot houses for use as shell retail space (fit-out permit required prior to occupancy), thirty-three (33) dwelling units and accessory parking garage as per approved plans. fire retardant treated studs and sheathing required for type iii construction. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 11/6/25 amend new construction permit cp-2021-003779 for changes to building layout and special inspections agency as per approved plans. .
The owner of record is 10 Bethlehem Pike Property Owner 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, 1 other major projects have broken ground since 2022 — roughly 30 units of new supply — including the 30-unit project at 8623 Germantown Ave. 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 30 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 30 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.