Market Insights  /  Northern Liberties
Development Watch · Northern Liberties

1018-30 Germantown AveDelivered

49-unit residential new construction, zoned IRMX.

A 49-unit residential building is set to rise at 1018-30 Germantown Ave in Northern Liberties, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Apr 29, 2019.

The 10,219 sq ft site is zoned IRMX, which supports a building on the order of 5 stories by right. The parcel last changed hands in 2019. The plans call for **all work under this permit; amended permit required for trusses** for the erection of a new six (6) sty semi-detached structure (with common roof deck above the 5th sty roof accessed from the 6th flr) to be used as vacant commercial space (separate use registration permit and co required prior to occupancy) and group s-2 parking garage & utilities at the 1st flr with group r-2 (forty-nine (49) dwelling units) located at the 2nd-6th flrs, as per plans; separate permits required for all mep/fsp work; fully sprinklered t/o as per nfpa 13; standpipes w/in exit stairways as per nfpa 14; see ap#939046 for zoning/use approval; first floor fully separated from building above as per section 509.2 of the 2009 ibc.

The owner of record is 1018 Germantown LP. 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 1,012 units of new supply — including the 55-unit project at 828-40 N 2nd St, the 78-unit project at 1000-10 N Delaware 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?

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~5-story by-right envelope, not the developer's design.
Units
49
Zoning
IRMX
By-right envelope
~5 stories
Lot
10,219 sq ft
Last sale
2019
Cleared to build
Apr 29, 2019
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 93 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 · 0.17 mi away
Max bid to a builder $6.1M · Opportunity Score 100
Unlock →
~71buildable units
████████ Street
CMX3 · 0.23 mi away
Max bid to a builder $5.0M · Opportunity Score 100
Unlock →
~119buildable units
████████ Street
CMX3 · 0.09 mi away
Max bid to a builder $8.3M · Opportunity Score 100
Unlock →
~81buildable units
████████ Street
CMX3 · 0.12 mi away
Max bid to a builder $5.6M · Opportunity Score 100
Unlock →
~65buildable units
████████ Street
CMX2 · 0.34 mi away
Max bid to a builder $4.4M · Opportunity Score 100
Unlock →
Unlock the 93 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.

55u828-40 N 2nd St0.18 mi
78u1000-10 N Delaware Ave0.23 mi
84u130 W Girard Ave0.23 mi
84u130 W Girard Ave0.23 mi
107u1122 Frankford Ave0.24 mi
10u1139-41 N 3rd St0.27 mi
166u310 W Girard Ave0.33 mi
182u1130 N Delaware Ave0.40 mi
Progress

How this project is moving

Cleared for occupancy ⚠ Status unclear — no recent activity
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.