31-unit residential new construction, zoned RM1.
A 31-unit residential building is set to rise at 1223 N 7th St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Feb 22, 2021.
The site is zoned RM1, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2019. The plans call for amendment 2: for the amendment of cp-2020-005479 to document change in construction type from iiib to ib construction with changes to partition types and minor changes in layout. all work to be done per approved plans. if field conditions vary contact design professional prior to the start of any work. amendment 1: for the documentation of special inspection agency for underpinning as shown per approved documents. original: for the erection of an attached four story structure with roof access structure for access to green roof. structure for use as multi-family household living thirty-one (31) dwelling units and eighteen (18) accessory off street interior parking spaces and eleven (11) off street bicycle (class 1a) parking spaces on an accessible route. building is fully sprinklered in accordance with nfpa 13 and standpipes to be provided in the exit stairways per nfpa 14. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within 11 feet of the building facade in accordance with section 3306 of the 2018 ibc. separate building and/or streets department permit required prior to the start of any work.*** fire watch is required once combustible construction is over 40 feet in height, a site safety plan shall be submited to building inspector prior to the start of any construction.*** separate permiits to be obtained for all other work.
The owner of record is 1218 N 7th St LLC.
It isn't rising in isolation. Within a half-mile, 4 other major projects have broken ground since 2022 — roughly 384 units of new supply — including the 8-unit project at 1545 N 6th St, the 166-unit project at 310 W Girard Ave, the 10-unit project at 1139-41 N 3rd 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?
As this density arrives, InvestPHL is tracking 88 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 88 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.