21-unit residential new construction, zoned CMX2.5.
A 21-unit residential building is set to rise at 1000 Spring Garden St in Northern Liberties, the kind of by-right infill quietly reshaping the block. It was cleared to build in May 7, 2021.
The 3,312 sq ft site is zoned CMX2.5, which supports a building on the order of 8 stories by right. The parcel last changed hands in 2021. The plans call for for the erection of a eight (8) story attached structure as per approved plans. for use as twenty one (21) dwelling units and vacant commercial space. structure to be fully sprinklered in accordance with nfpa 13. **separate permits required for mep and fire suppression work.** **2018 ibc** foundations approved on ap#988880. .
The owner of record is Kt Investments LLC.
It isn't rising in isolation. Within a half-mile, 8 other major projects have broken ground since 2022 — roughly 423 units of new supply — including the 31-unit project at 326 N 12th St, the 23-unit project at 1314-32 Spring Garden St, the 24-unit project at 1315 Ridge Ave. 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 164 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 164 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.