Market Insights  /  Brewerytown & Sharswood
Development Watch · Brewerytown & Sharswood

2134 Ridge AveUnder construction

27-unit residential new construction, zoned CMX2.

DeveloperStamm Development
Rendering of 2134 Ridge Ave — We Didn't Expect One, Let Alone Two Projects on the 2100 Block of Ridge
We Didn't Expect One, Let Alone Two Projects on the 2100 Block of Ridge
Published rendering · via ocfrealty.com. Shown for informational purposes; rights belong to the original creator.See the source →

A 27-unit mixed-use building is under way at 2134 Ridge Avenue in Brewerytown, the latest addition to a corridor that's steadily absorbing mid-sized projects. The four-story structure will include shell commercial space on the ground floor and a rooftop deck, along with an accessory parking garage. The lot measures just over 10,600 square feet, and the project cleared its final hurdles to build in early January after excavation work had already begun under a separate approval last year.

The site is zoned CMX2, which allows this kind of mixed-use development by right, and 2134 Ridge Ave LLC picked up the parcel in 2022. The developer is building to the full height allowed under the zone, a straightforward move that mirrors the scale of nearby projects like the 36-unit building at 2112 Ridge and the 24-unit project at 1409 North 21st Street. Within a half-mile radius, there are roughly 246 new units either delivered or in the pipeline, a testament to Ridge Avenue's ongoing transformation from a mix of vacancy and aging commercial into a denser residential corridor with ground-floor retail potential.

What's notable here is the format: shell commercial requiring separate use registration and fit-out approvals before anyone can actually occupy the retail space. That's a hedge in a market where ground-floor tenants can be elusive, but it also leaves the door open for a future operator to customize the space without the developer shouldering that risk upfront. The excavation permit from 2023 suggests this one has been in motion for a while, and the fire-watch and sprinkler requirements point to a building built to current code rather than trying to squeeze into older standards.

Ridge Avenue between Girard and Cecil B. Moore has become a testbed for this kind of mid-density infill, with projects like the 63-unit building at 2004 Cecil B. Moore and the 17-unit development at 2016 Ridge filling in what were once stubborn gaps. The fact that five similar-scale projects are clustered within a half-mile of 2134 Ridge suggests that developers see opportunity in the zone's by-right allowances and the neighborhood's gradual shift toward higher-density residential. How well the commercial shells perform will likely determine whether future projects along this stretch follow the same playbook or pivot to all-residential configurations.

📄 View the project's plan drawings (PDF)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
27
Zoning
CMX2
By-right envelope
~4 stories
Lot
10,603 sq ft
Last sale
$965K · 2022
Cleared to build
Jan 6, 2025
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 2 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.

~8buildable units
████████ Street
RM1 · 0.46 mi away
Max bid to a builder $300K · Opportunity Score 41
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~8buildable units
████████ Street
RM1 · 0.46 mi away
Max bid to a builder $305K · Opportunity Score 41
Unlock →
Unlock the 2 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.

36u2112 Ridge Ave0.05 mi
63u2004 Cecil B Moore Ave0.14 mi
8u2122-52 Sharswood St0.17 mi
24u1409 N 21st St0.21 mi
17u2016 Ridge Ave0.24 mi
8u1528 N 24th St0.24 mi
16u1528 N 24th St0.24 mi
21u1528 N 24th St0.24 mi
In the news

What we're hearing about this project

Stamm Development is the party that will be building at 2134 Ridge Avenue, though no permits have been pulled as of May 2023.
News items are compiled automatically and may be approximate — verify before relying on them.
Progress

How this project is moving

Site work ⚠ Status unclear — no recent activity
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.