Market Insights  /  Northern Liberties
Development Watch · Northern Liberties

143-47 W Girard AveUnder construction

20-unit residential new construction, zoned CMX3.

A 20-unit residential building is set to rise at 143-47 W Girard Ave in Northern Liberties, the kind of by-right infill quietly reshaping the block. It was cleared to build in Feb 12, 2021.

The 1,370 sq ft site is zoned CMX3, which supports a building on the order of 6 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 twenty (20) 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 8/31/22 amend new construction permit cp-2020-006451 to reduce size of seventh floor to a pilot house, creating a six (6) story building, removing sub-basement, changing location of horizontal building separation to second floor level and adding a horizontal exit as per approved plans. amendment approved 11/4/25 amend new construction permit cp-2020-006451 for changes to building layout including removal of mezzanine and reduction of overall building height as per approved plans. .

The owner of record is Soma 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 10-unit project at 1139-41 N 3rd 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)
Schematic massing — illustrative of the ~6-story by-right envelope, not the developer's design.
Units
20
Zoning
CMX3
By-right envelope
~6 stories
Lot
1,370 sq ft
Last sale
2024
Cleared to build
Feb 12, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 130 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.

~88buildable units
████████ Street
CMX3 · 0.22 mi away
Max bid to a builder $6.1M · Opportunity Score 100
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~119buildable units
████████ Street
CMX3 · 0.22 mi away
Max bid to a builder $8.3M · Opportunity Score 100
Unlock →
~81buildable units
████████ Street
CMX3 · 0.37 mi away
Max bid to a builder $5.6M · Opportunity Score 100
Unlock →
~93buildable units
████████ Street
CMX3 · 0.29 mi away
Max bid to a builder $6.5M · Opportunity Score 100
Unlock →
~98buildable units
████████ Street
CMX2 · 0.48 mi away
Max bid to a builder $6.7M · Opportunity Score 100
Unlock →
Unlock the 130 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

84u130 W Girard Ave0.04 mi
84u130 W Girard Ave0.04 mi
10u1139-41 N 3rd St0.20 mi
107u1122 Frankford Ave0.20 mi
166u310 W Girard Ave0.22 mi
26u1400-10 Frankford Ave0.24 mi
61u1351-59 Frankford Ave0.25 mi
114u1442 N Front St0.29 mi
Progress

How this project is moving

Life-safety systems ~78% 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.