111-unit residential new construction, zoned CMX2.5.
A 111-unit residential building is set to rise at 2079 N 63rd St in Overbrook, one of the larger new-construction projects underway in Philadelphia this cycle. It was cleared to build in May 11, 2020.
The 44,787 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 2020. The plans call for for the construction of asemi-attached, five-story structure of type iiib construction with 111 dwelling units and accessory parking as per plans. separate permits required for all mechanical, electrical, plumbing and fire suppression work. phc to review metal railing shop drawings for railing along 63rd st. amendment (1/7/2021) update special inspection information.
The owner of record is North 63rd Street Jv LLC.
For now it stands out on its block — there's little other major development within a half-mile, which makes the surrounding under-built parcels worth a closer look as this density arrives.
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?
As this density arrives, InvestPHL is tracking 19 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 19 nearby opportunities →