48-unit residential new construction, zoned RM1.
A 48-unit residential building is set to rise at 3209 Spring Garden St in University City & Powelton, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Nov 16, 2020.
The 18,271 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 2020 for $3.0M. The plans call for amendment 2: for the amendment of cp-2020-004353 to document change in room sizes, changes to foundation wall and building envelope with all other work as shown per amended plans. all construction work to be within property lines. separate permits to be obtained for all other work. amendment 1: for the amendment of cp-2020-004353 to document correct number of dwelling units (48 units instead of 38 units referenced in original permit) from the basement through 4th floor level. size and location as shown per plans. original: for the erection of a four story structure for a multi-family household living (38 units) from the basement level through 4th floors. building to be sprinklered in accordance with nfpa 13 system with the installation of standpipes in exit stairways per nfpa 14. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within 10 feet of the building facade in accordance with section 3306 of the 2018 ibc.**separate permits to be obtained for all other work.
The owner of record is 3205-15 Spring Garden St.
It isn't rising in isolation. Within a half-mile, 8 other major projects have broken ground since 2022 — roughly 253 units of new supply — including the 15-unit project at 3401 Hamilton St, the 15-unit project at 646 N 32nd St, the 90-unit project at 3314-20 Fairmount 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?
As this density arrives, InvestPHL is tracking 13 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 13 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.