12-unit residential new construction, zoned RSA5.
A 12-unit residential building is set to rise at 1300-08 S 24th St in Graduate Hospital & Point Breeze, the kind of by-right infill quietly reshaping the block. It was cleared to build in Apr 1, 2019.
The 6,353 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2018. The plans call for for the erection of a (3) three-story mixed use attached structure with roof decks accessed by pilot houses as per plans. for use as (12) twelve dwellings units and (1) one vacant commercial space (co/use permit required prior to occupancy). structure to be fully sprinklered in accordance with nfpa 13. separate permits required for mep and fire suppression work. foundation to be designed per geotechnical report.
The owner of record is 24th & Wharton LLC.
It isn't rising in isolation. Within a half-mile, 2 other major projects have broken ground since 2022 — roughly 25 units of new supply — including the 16-unit project at 1111 S 24th St, the 9-unit project at 2732 Manton 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?
As this density arrives, InvestPHL is tracking 37 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 37 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.