Market Insights  /  Fishtown
Development Watch · Fishtown

2155 N 2nd StDelivered

31-unit residential new construction, zoned CMX2.

A 31-unit residential building is set to rise at 2155 N 2nd St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jun 23, 2021.

The 9,223 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2021 for $1.4M. The plans call for amendment 2: to document correct design professional apart of permit record. amendment 1: amendment to include partial basement removal, partition changes, foundation/structural work, stairs as per approved plans. amendment 12/20/21 to update structural plans to match previous amendment. amendment 3/10/22 for shoring as per plans. original: for the erection of a four (4) story attached structure to include underpinning as per approved plans. for use as thirty one (31) dwelling units, vacant commercial, parking. structure to be fully sprinklered in accordance with nfpa 13 & 13r . **separate permits required for mep and fire suppression work.** **2018 ibc** .

The owner of record is Idg Oz 2155 2nd 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, 12 other major projects have broken ground since 2022 — roughly 580 units of new supply — including the 40-unit project at 2034 N 2nd St, the 14-unit project at 2214 N Front St, the 31-unit project at 2112 N Front 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)
Schematic massing — illustrative of the ~4-story by-right envelope, not the developer's design.
Units
31
Zoning
CMX2
By-right envelope
~4 stories
Lot
9,223 sq ft
Last sale
$1.4M · 2021
Cleared to build
Jun 23, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 166 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.

~69buildable units
████████ Street
CMX3 · 0.43 mi away
Max bid to a builder $2.9M · Opportunity Score 98
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~239buildable units
████████ Street
CMX2.5 · 0.16 mi away
Max bid to a builder $4.6M · Opportunity Score 98
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~243buildable units
████████ Street
ICMX · 0.38 mi away
Max bid to a builder $4.1M · Opportunity Score 96
Unlock →
~178buildable units
████████ Street
CMX2 · 0.46 mi away
Max bid to a builder $3.0M · Opportunity Score 96
Unlock →
~205buildable units
████████ Street
ICMX · 0.49 mi away
Max bid to a builder $3.2M · Opportunity Score 95
Unlock →
Unlock the 166 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.

40u2034 N 2nd St0.15 mi
14u2214 N Front St0.19 mi
31u2112 N Front St0.19 mi
60u2221 N Front St0.22 mi
8u2034 N Front St0.23 mi
13u1935 N 2nd St0.24 mi
21u1931 N 2nd St0.25 mi
285u1901 N American St0.26 mi
Progress

How this project is moving

Cleared for occupancy ~100% complete
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.