Market Insights  /  Fishtown & East Kensington
Development Watch · Fishtown & East Kensington

2400 E Huntingdon StDelivered

150-unit residential new construction, zoned IRMX.

A seven-story, 150-unit residential building has delivered at 2400 E Huntingdon Street in East Kensington, adding significant density to a stretch that's seen steady multifamily activity over the past few years. The ground floor includes space for a fresh-food market fronting Huntingdon along with industrial shell space set aside for future tenants, while floors two through seven hold apartments. Below grade, the project includes 37 parking spaces—down from an initial 45—plus two car-share slots and 50 Class 1A bike spaces, a parking ratio that reflects the neighborhood's walkability and transit access.

The site, owned by 2400 Huntingdon LLC since 2023, is zoned IRMX, which allows mixed-use buildings by right and encourages ground-floor commercial uses along key corridors. The developer's decision to program the base with both a grocery component and flex industrial space suggests an effort to activate the street while hedging against the uncertainty of retail leasing in a still-evolving pocket of the neighborhood. The building was cleared to build in late 2021, and construction wrapped recently after several design amendments that trimmed parking and adjusted interior layouts.

This project is part of a broader wave of medium-density infill reshaping the area east of Frankford Avenue. Within half a mile, another 343 units have either delivered or are on the way, including a 155-unit building at 2507 Almond Street and smaller projects along Frankford and Lehigh avenues. The 2400 Huntingdon tower is among the larger of these additions, and its completion helps establish a new scale for what's feasible in a neighborhood that has long toggled between rowhouse fabric and light industrial uses.

The arrival of 150 new households on a site that once sat underused may encourage other owners of similar parcels nearby to test the IRMX zoning envelope. With the building now occupied and ground-floor tenants still to be announced, the project offers a near-term case study in whether mixed-use programming can gain traction in parts of East Kensington that remain a step removed from the retail-heavy strips closer to I-95.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~7-story by-right envelope, not the developer's design.
Units
150
Zoning
IRMX
By-right envelope
~7 stories
Last sale
2023
Cleared to build
Nov 8, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 47 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.

~170buildable units
████████ Street
ICMX · 0.14 mi away
Max bid to a builder $7.5M · Opportunity Score 99
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~223buildable units
████████ Street
ICMX · 0.09 mi away
Max bid to a builder $9.7M · Opportunity Score 99
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~102buildable units
████████ Street
CMX2 · 0.27 mi away
Max bid to a builder $4.4M · Opportunity Score 98
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~233buildable units
████████ Street
CMX2 · 0.31 mi away
Max bid to a builder $10.0M · Opportunity Score 98
Unlock →
~47buildable units
████████ Street
CMX2 · 0.39 mi away
Max bid to a builder $2.0M · Opportunity Score 80
Unlock →
Unlock the 47 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.

155u2507 Almond St0.16 mi
26u2626 Trenton Ave0.29 mi
36u2640-48 E Lehigh Ave0.33 mi
16u2456 Frankford Ave0.39 mi
22u2406 Frankford Ave0.40 mi
47u2855 Janney St0.47 mi
41u2654-64 Coral St0.48 mi
Progress

How this project is moving

Cleared for occupancy ~100% complete
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.