Market Insights  /  Fairhill
Development Watch · Fairhill

2248 N Front StUnder construction

7-unit residential new construction, zoned CMX2.

A 7-unit residential building is set to rise at 2248 N Front St in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Mar 16, 2026.

The 2,080 sq ft site is zoned CMX2, which supports a building on the order of 3 stories by right. The plans call for for new construction of a three-story wood-frame attached structure on reinforced concrete footings/foundations with a roof deck and a roof deck access structure. for use as a multi-family household liivng for five (5) dwelling units and two artist studio at the basement and ground floor. building shall be fully sprinklered per nfpa13. separate permits required for all mechanical, electrical, plumbing, and fire suppression systems. **protection of right-of-way / pedestrians / adjacent properties required during all construction.**energy code compliance in accordance with 2018 iecc.

The owner of record is Philly Restoration 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, 12 other major projects have broken ground since 2022 — roughly 392 units of new supply — including the 60-unit project at 2221 N Front St, the 14-unit project at 2214 N Front St, the 31-unit project at 2112 N Front 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)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
7
Zoning
CMX2
By-right envelope
~3 stories
Lot
2,080 sq ft
Cleared to build
Mar 16, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 120 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.

~69buildable units
████████ Street
CMX3 · 0.24 mi away
Max bid to a builder $2.9M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.27 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~243buildable units
████████ Street
ICMX · 0.40 mi away
Max bid to a builder $4.1M · Opportunity Score 96
Unlock →
~178buildable units
████████ Street
CMX2 · 0.43 mi away
Max bid to a builder $3.0M · Opportunity Score 96
Unlock →
~205buildable units
████████ Street
ICMX · 0.48 mi away
Max bid to a builder $3.2M · Opportunity Score 95
Unlock →
Unlock the 120 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.

60u2221 N Front St0.05 mi
14u2214 N Front St0.05 mi
31u2112 N Front St0.17 mi
108u2000-20 E Hagert St0.18 mi
28u2406 Mascher St0.19 mi
8u2034 N Front St0.23 mi
18u2520 N Front St0.27 mi
15u2449 N 2nd St0.29 mi
Progress

How this project is moving

Life-safety systems ~78% 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.