Market Insights  /  Girard Estates & Newbold
Development Watch · Girard Estates & Newbold

2901 Snyder AveCleared to build

20-unit residential new construction, zoned RM1.

A 20-unit residential building is set to rise at 2901 Snyder Ave in Girard Estates & Newbold, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jul 9, 2026.

The 8,197 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2026 for $560K. The plans call for new construction of a four (4) story building with cellar, common roof deck and green roof with pilot houses for use as twenty (20) dwelling units (mihb utilized) as per approved plans. building to be sprinklered per nfpa 13 and include standpipes per nfpa 14. work to include underpinning to be monitored by a pa licensed pe at all times. *2018 ibc review* **separate permits required for mep & fire suppression work**.

The owner of record is Gf Apartments LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

For now it stands out on its block — there's little other major development within a half-mile, which makes the surrounding under-built parcels worth a closer look as this density arrives.

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
20
Zoning
RM1
By-right envelope
~4 stories
Lot
8,197 sq ft
Last sale
$560K · 2026
Cleared to build
Jul 9, 2026
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 148 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.

~94buildable units
████████ Street
RM1 · 0.14 mi away
Max bid to a builder $1.5M · Opportunity Score 94
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~107buildable units
████████ Street
CMX2 · 0.08 mi away
Max bid to a builder $1.8M · Opportunity Score 92
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~93buildable units
████████ Street
CMX2 · 0.13 mi away
Max bid to a builder $1.6M · Opportunity Score 91
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~86buildable units
████████ Street
CMX2 · 0.11 mi away
Max bid to a builder $1.4M · Opportunity Score 90
Unlock →
~70buildable units
████████ Street
CMX2 · 0.03 mi away
Max bid to a builder $1.1M · Opportunity Score 87
Unlock →
Unlock the 148 nearby opportunities →
Progress

How this project is moving

In permitting ~18% 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.