23-unit residential new construction, zoned CMX2.
A 23-unit residential building is set to rise at 2201 Frankford Ave in Fishtown & East Kensington, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 5, 2020.
The site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2023 for $9.4M. The plans call for for new construction of a four-story structure with basement, six accessory parking space (including one ada parking space) and nine class 1a bicycle spaces. building to be fully sprinklered with nfpa 13 with standpipes per nfpa 14. separate permit required for mechanical, electrical, plumbing and fire suppression. *2-8-22; amendment to modify wall type and soffit/roof assembly and for addition of roof deck* *10-11-22; amendment to convert unit 4h into dwelling unit*.
The owner of record is 2x2 Frankford 2201 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 404 units of new supply — including the 22-unit project at 2406 Frankford Ave, the 9-unit project at 1828 Frankford Ave, the 32-unit project at 1924 N Front 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 84 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 84 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.