Market Insights  /  Mount Airy
Development Watch · Mount Airy

6767 Germantown AveUnder construction

45-unit residential new construction, zoned CMX2.

A 45-unit residential building is set to rise at 6767 Germantown Ave in Mount Airy, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 28, 2021.

The 22,189 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. The plans call for new (4) story mixed use / multi family residential structure. commercial space at ground floor, pilot houses to roof deck. 33 parking spaces w/ 1 van accessible space. size, location and extents per plan. amendment approved as of 10/05/2026: to reduce the building footprint, added cellar level, floor layout changes for all the floors, total 45 dwelling units count to remain the same: r2 dwelling units of two (2) type a units and rest to be type b dwelling units, horizontal exits from 2nd through 4th floors, revision of roof deck, roof deck access structures and green roof layouts, change in parking count from previous approval, change in fire suppression system to nfpa 13 throughout, and change in special inspection agency and dprc-si. see approved amended plans.

The owner of record is 6767 Germantown 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 66 units of new supply — including the 66-unit project at 309 W Mount Pleasant 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)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
45
Zoning
CMX2
By-right envelope
~4 stories
Lot
22,189 sq ft
Cleared to build
Dec 28, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 39 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.

~65buildable units
████████ Street
RM2 · 0.15 mi away
Max bid to a builder $602K · Opportunity Score 98
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~131buildable units
████████ Street
CMX2 · 0.39 mi away
Max bid to a builder $2.1M · Opportunity Score 94
Unlock →
~101buildable units
████████ Street
CMX2.5 · 0.30 mi away
Max bid to a builder $1.6M · Opportunity Score 92
Unlock →
~80buildable units
████████ Street
CMX2.5 · 0.49 mi away
Max bid to a builder $1.3M · Opportunity Score 89
Unlock →
~66buildable units
████████ Street
CMX2.5 · 0.46 mi away
Max bid to a builder $1.1M · Opportunity Score 86
Unlock →
Unlock the 39 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.

66u309 W Mount Pleasant Ave0.46 mi
Progress

How this project is moving

Site work ~34% 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.