41-unit residential new construction, zoned RM1.
A 41-unit residential building is set to rise at 1706 N 2nd St in Fishtown, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Mar 10, 2021.
The 6,574 sq ft site is zoned RM1, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2016 for $1.6M. The plans call for for the erection of one (1)structure, with roof decks accessed by pilot houses (to enclose access stairs and/or elevator only), sizes and locations as shown on plan/application. for use as multi-family household living (40 dwelling units) with accessory parking as per approved plans. building to be fully sprinklered. separate use registration and building permits required to fit-out the shell commercial space on the ground floor. separate permits required for m.e.p.s work. separate approval required from pa l&i for elevator installation. amendment to the ground floor layout as per approved revised plans.
The owner of record is 211 Johnson Avenue 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 874 units of new supply — including the 12-unit project at 1733-41 N 2nd St, the 108-unit project at 1640-48 N Hancock St, the 9-unit project at 1751 Tilghman 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 138 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 138 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.