28-unit residential new construction, zoned IRMX.
A 28-unit residential building is set to rise at 2401 Washington Ave in Graduate Hospital & Point Breeze, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 10, 2021.
The 9,062 sq ft site is zoned IRMX, which supports a building on the order of 5 stories by right. The parcel last changed hands in 2018. The plans call for amendment 2: for the amendment of previously approved permit cp-2021-006742 to document the following special inspection agencies: existing site soil conditions (quantum engineering consultancy); exacavation and filling (ambric technology); and excavation protection/sheeting and shoring (fidelis engineering). all work to be done per approved documentation. amendment 1: to change specail inspection agency/agencies, basement layout and underpinning details. original: for the erection of an attached building used for vacant commercial spaces (as permitted in irmx; use registration permit anf fit-out permit required prior to occupancy) on cellar & 1st floors and multi-family household living twenty-eight (28) units on 2nd - 5th floors. building to be fully sprinklered. separate permits required for m.e.p.s work. .
The owner of record is Fitler Estates 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, 2 other major projects have broken ground since 2022 — roughly 25 units of new supply — including the 16-unit project at 1111 S 24th St, the 9-unit project at 2732 Manton 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)As this density arrives, InvestPHL is tracking 52 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 52 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.