Market Insights  /  Fishtown
Development Watch · Fishtown

2038 N Front StDelivered

22-unit residential new construction, zoned CMX2.5.

A 22-unit residential building is set to rise at 2038 N Front St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jun 10, 2019.

The 6,309 sq ft site is zoned CMX2.5, which supports a building on the order of 5 stories by right. The parcel last changed hands in 2019. The plans call for for the erection of new (5) story above grade mixed-use building with (22) residential dwelling units with twenty-six(26) bicycle spaces in an accessible route and shared residential roof deck. vacant commercial tenant spaces on the ground floor and basement(separate use registration and fitout permits required prior to occupancy). no signage this application.building to be fully sprinklered.**separate permits to be required for electrical, plumbing, mechanical, fire suppression, and standpipe system installations. separate permit from pa dept of labor & industry req'd for elevator installations.** (ibc 2009 new construction).

The owner of record is Fairmans Garret Holding 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 643 units of new supply — including the 8-unit project at 2034 N Front St, the 31-unit project at 2112 N Front St, 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)
Schematic massing — illustrative of the ~5-story by-right envelope, not the developer's design.
Units
22
Zoning
CMX2.5
By-right envelope
~5 stories
Lot
6,309 sq ft
Last sale
2019
Cleared to build
Jun 10, 2019
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 108 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.

~101buildable units
████████ Street
CMX2 · 0.36 mi away
Max bid to a builder $4.4M · Opportunity Score 98
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~69buildable units
████████ Street
CMX3 · 0.45 mi away
Max bid to a builder $2.9M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.12 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~179buildable units
████████ Street
ICMX · 0.48 mi away
Max bid to a builder $3.4M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.29 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
Unlock the 108 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.

8u2034 N Front St0.01 mi
31u2112 N Front St0.06 mi
32u1924 N Front St0.13 mi
14u2214 N Front St0.18 mi
60u2221 N Front St0.19 mi
13u1935 N 2nd St0.22 mi
40u2034 N 2nd St0.22 mi
21u1931 N 2nd St0.22 mi
Progress

How this project is moving

Cleared for occupancy ~78% 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.