40-unit residential new construction, zoned CMX3.
A 40-unit residential building is set to rise at 135-41 W Girard Ave in Northern Liberties, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Feb 12, 2021.
The 6,220 sq ft site is zoned CMX3, which supports a building on the order of 7 stories by right. The parcel last changed hands in 2024. The plans call for new construction of a seven (7) story structure to include roof deck and basement accessory parking garage for use as forty (40) dwelling units and shell commercial space (use registration & fit-out permits required prior to occupancy) as per approved plans. building to utilize horizontal separations to create two (2) separate buildings with two (2) different construction types (basement, 1st & 2nd floors - type ia and 3rd through 7th floors - type iiia). work to include temporary excavation shoring and underpinning to be monitored by a pa licensed pe at all times. fire retardant treated studs and sheathing required for type iii construction. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc* **separate permits required for mep & fire suppression work** amendment approved 6/22/25 amend new construction permit cp-2020-006236 for changes to building to include removal of mezzanine level and reduction of building height and change of dprc-si and special inspections agency as per approved plans and documents. amendment approved 4/20/26 amend new construction permit cp-2020-006236 for changes to first floor & pilot house layouts, addition of mechanical shaft and addition of structural support for generator installation as per approved plans. amendment approved 5/16/26 amend new construction permit cp-2020-006236 for changes to shear wall design as per approved plans. .
The owner of record is Corfu Development 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 993 units of new supply — including the 84-unit project at 130 W Girard Ave, the 84-unit project at 130 W Girard Ave, the 107-unit project at 1122 Frankford 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?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 127 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 127 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.