74-unit residential new construction, zoned RM1.
A 74-unit residential building is set to rise at 5709 Cottage St in Tacony & Wissinoming, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Jul 23, 2026.
The 33,000 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 2022 for $850K. The plans call for new construction of a four (4) story building with roof deck, pilot houses and green roof (green roof bonus) for use as seventy-four (74) dwelling units with accessory parking as per approved plans. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 9/12/26 amend new construction permit cp-2026-002916 for change to engineer of record to include structural revisions, dprc-si and special inspections agency as per approved plans and documentation. .
The owner of record is Cottage Holdings 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)As this density arrives, InvestPHL is tracking 58 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 58 nearby opportunities →