Market Insights  /  Germantown
Development Watch · Germantown

6144 Germantown AveDelivered

50-unit residential new construction, zoned CMX2.

A 50-unit residential building is set to rise at 6144 Germantown Ave in Germantown, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 9, 2020.

The 115 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2020 for $620K. The plans call for for the erection of a four (4) story attached structure as per approved plans. for use as fifty (50) dwelling units and vacant commercial space. structure to be fully sprinklered in accordance with nfpa 13 minimum. **separate permits required for mep and fire suppression work.** **2018 ibc** *amendment 11/5/2021 to include revised first and lower level layout, structural/foundation work, light wells as per approved plans. *amendment 10/20/2022 for change of layout to include trash room. *amendment 10/17/22 to include layout change for trash room. .

The owner of record is Hightop Germantown 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, 4 other major projects have broken ground since 2022 — roughly 310 units of new supply — including the 45-unit project at 6225-27 Germantown Ave, the 165-unit project at 201 W Johnson St, the 57-unit project at 401-07 E Walnut Ln. 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 ~4-story by-right envelope, not the developer's design.
Units
50
Zoning
CMX2
By-right envelope
~4 stories
Lot
115 sq ft
Last sale
$620K · 2020
Cleared to build
Dec 9, 2020
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 38 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.

~275buildable units
████████ Street
CMX2.5 · 0.44 mi away
Max bid to a builder $4.3M · Opportunity Score 98
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~53buildable units
████████ Street
RM2 · 0.40 mi away
Max bid to a builder $587K · Opportunity Score 97
Unlock →
~205buildable units
████████ Street
CMX2 · 0.07 mi away
Max bid to a builder $3.3M · Opportunity Score 96
Unlock →
~169buildable units
████████ Street
ICMX · 0.48 mi away
Max bid to a builder $2.9M · Opportunity Score 94
Unlock →
~62buildable units
████████ Street
RM3 · 0.41 mi away
Max bid to a builder $871K · Opportunity Score 94
Unlock →
Unlock the 38 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.

45u6225-27 Germantown Ave0.11 mi
165u201 W Johnson St0.35 mi
57u401-07 E Walnut Ln0.46 mi
43u229 W Upsal St0.49 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.