Market Insights  /  Fairmount & Art Museum
Development Watch · Fairmount & Art Museum

2630 W Girard AveDelivered

1-unit residential new construction, zoned CMX3.

A 1-unit residential building is set to rise at 2630 W Girard Ave in Fairmount & Art Museum, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 17, 2024.

The 54,629 sq ft site is zoned CMX3, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2021 for $12M. The plans call for install new fire suppression system complying with nfpa 13 throughout the building to include 4" main fire service line with a 4" ames colt 200 backflow prevention assembly, 5pvf7 peerless fire pump complying with nfpa 20 and two (2) standpipe risers complying with nfpa 14 as per approved plans. all work shall be performed by a fire suppression contractor licensed by the city of philadelphia. .

The owner of record is Alliance Girard Owner 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 197 units of new supply — including the 40-unit project at 909 N 26th St, the 8-unit project at 2413 W Thompson St, the 8-unit project at 2403 W Thompson 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
1
Zoning
CMX3
By-right envelope
~5 stories
Lot
54,629 sq ft
Last sale
$12M · 2021
Cleared to build
May 17, 2024
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 7 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.

~58buildable units
████████ Street
ICMX · 0.18 mi away
Max bid to a builder $2.7M · Opportunity Score 78
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~18buildable units
████████ Street
RM1 · 0.34 mi away
Max bid to a builder $690K · Opportunity Score 67
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~20buildable units
████████ Street
CMX2.5 · 0.06 mi away
Max bid to a builder $877K · Opportunity Score 59
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~10buildable units
████████ Street
CMX2 · 0.10 mi away
Max bid to a builder $356K · Opportunity Score 37
Unlock →
~3buildable units
████████ Street
RM1 · 0.35 mi away
Max bid to a builder $87K · Opportunity Score 21
Unlock →
Unlock the 7 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.

40u909 N 26th St0.08 mi
8u2413 W Thompson St0.26 mi
8u2403 W Thompson St0.28 mi
27u2625 Jefferson St0.36 mi
16u2408 Stewart St0.37 mi
8u2401 Stewart St0.38 mi
15u1503 N 25th St0.43 mi
16u1503 N 25th St0.43 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.