1141-49 N Front StDelivered

A 43-unit residential building is set to rise at 1141-49 N Front St in Northern Liberties, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Mar 27, 2019.

The 9,300 sq ft site is zoned CMX3, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2018 for $1.6M. The plans call for for the erection of a six (6) story multi-family mixed use building with horizontal building separation allowance above the first story creating two buildings per section 509.2 of the 2009 international building building code. for (43) dwelling units on floors 2-6 and a common roof deck above as per plans. separate permit required for the basement and first floor. separate permits required for all mechanical, electrical, plumbing and fire suppression work. amendment(5/18/2021) to amend previously approved plans to add one apartment to the 2nd floor; add a green roof assembly at the common roof deck level as per plans. .

The owner of record is Front Street One 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 1,000 units of new supply — including the 107-unit project at 1122 Frankford Ave, the 84-unit project at 130 W Girard Ave, the 84-unit project at 130 W Girard 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?