89-unit residential new construction, zoned RSA5.
A 89-unit residential building is set to rise at 1832 Germantown Ave in Fishtown, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Apr 21, 2026.
The 33,538 sq ft site is zoned RSA5, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2025 for $1.8M. The plans call for for the erection of a five (5) story semi-detached structure of type iii-b construction (with fire-retardant-treated wood framing and sheathing) for use as one (1) vacant commercial space (separate permits required prior to fit-out and issuance of c.o.) and eighty-nine (89) dwelling units (group r-2) with accessory parking and class 1a bicycle parking. building to be fully sprinklered per nfpa 13. standpipes to be installed in interior exit stairways in accordance with nfpa 14. all work to be done per approved plans and in accordance with 2018 ibc. separate permits required for mechanical, electrical, plumbing, fire suppression, and excavation work. ** horizontal exits to be provided at the 2nd through 5th floors. elevator emergency standby power not required in accordance with 2018 ibc section 1009.2.1 exception #1.**.
The owner of record is 1832 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, 12 other major projects have broken ground since 2022 — roughly 655 units of new supply — including the 18-unit project at 439-45 W Berks St, the 8-unit project at 1850 N Leithgow St, the 9-unit project at 1941 N Marshall 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)As this density arrives, InvestPHL is tracking 126 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 126 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.