32-unit residential new construction, zoned RM3.
A 32-unit residential building is set to rise at 231 W Johnson St in Germantown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 23, 2020.
The 24,630 sq ft site is zoned RM3, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2019 for $800K. The plans call for new construction of a five (5) story structure to include ground floor parking garage and thirty-two (32) dwelling units above as per approved plans. building to utilize horizontal separations to create two (2) separate buildings with two (2) different construction types (1st floor - type ib and 2nd through 5th floors - type va). building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 10/29/21 amend new construction permit cp-2020-004774 to change special inspections agency(s) as per submitted documents. .
The owner of record is 231 W Johnson 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, 3 other major projects have broken ground since 2022 — roughly 253 units of new supply — including the 165-unit project at 201 W Johnson St, the 43-unit project at 229 W Upsal St, the 45-unit project at 6225-27 Germantown Ave. 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 17 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 17 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.