Market Insights  /  Fishtown
Development Watch · Fishtown

1833 Hope StDelivered

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

A 70-unit residential building is set to rise at 1833 Hope St in Fishtown, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 31, 2020.

The 15,267 sq ft site is zoned CMX2.5, which supports a building on the order of 6 stories by right. The parcel last changed hands in 2021. The plans call for new construction of a six story structure for use as multi-family dwelling (70 total units) with shell commercial spaces (required fresh food market, separate fit-out permits required prior to occupancy) on the first floor and accessory below-grade parking garage as per approved plans. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. first floor and basement to be of type ia construction and type iiib construction above per horizontal building separation allowance, section 510.2 of 2018 ibc. fire retardant treated framing and sheathing required in exterior walls of type iii construction. fire watch required per code bulletin f-2001. *2018 ibc* **separate permits required for mep & fire suppression work* amendment approved 2/4/22 amend new construction permit cp-2020-001325 to include temporary excavation shoring drawings as per approved plans. amendment approved 2/3/24 amend new construction permit cp-2020-001325 to relocate two (2) type a dwelling units as per approved plans. amendment approved 3/23/24 amend new construction permit cp-2020-001325 for changes to dwelling unit layouts as per approved plans. .

The owner of record is 1832 Front St 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 601 units of new supply — including the 32-unit project at 1924 N Front St, the 9-unit project at 1828 Frankford Ave, the 9-unit project at 1751 Tilghman 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 ~6-story by-right envelope, not the developer's design.
Units
70
Zoning
CMX2.5
By-right envelope
~6 stories
Lot
15,267 sq ft
Last sale
2021
Cleared to build
Dec 31, 2020
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 115 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 · 0.15 mi away
Max bid to a builder $4.4M · Opportunity Score 98
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~338buildable units
████████ Street
ICMX · 0.47 mi away
Max bid to a builder $7.1M · Opportunity Score 98
Unlock →
~239buildable units
████████ Street
CMX2.5 · 0.24 mi away
Max bid to a builder $4.6M · Opportunity Score 98
Unlock →
~179buildable units
████████ Street
ICMX · 0.26 mi away
Max bid to a builder $3.4M · Opportunity Score 94
Unlock →
~140buildable units
████████ Street
ICMX · 0.34 mi away
Max bid to a builder $2.8M · Opportunity Score 92
Unlock →
Unlock the 115 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.

32u1924 N Front St0.10 mi
9u1828 Frankford Ave0.12 mi
9u1751 Tilghman St0.17 mi
55u1713 N Front St0.19 mi
40u1716 Frankford Ave0.20 mi
12u1733-41 N 2nd St0.21 mi
21u1931 N 2nd St0.21 mi
8u2034 N Front St0.22 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.