37-unit residential new construction, zoned CMX2.
A 37-unit residential building is set to rise at 4112 Lancaster Ave in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Mar 11, 2021.
The 15,072 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2020. The plans call for for the erection of a four (4) story mixed-use building of construction type va with green roof to include vacant commercial shell space (separate permit required for fit-out & c.o.) and thirty-seven (37) dwelling units (group r-2 use & occupancy) with accessory amenity spaces. six (6) dwelling units to be type a accessible units and all other units to be type b units. building to be fully sprinklered (min. nfpa 13 throughout the 1st floor & min. nfpa 13r throughout the 2nd thru 4th floors). all work to be done per approved plans and in accordance with 2018 ibc. separate permits required for m.e.p. and fire suppression work. separate permit required by pa dept. of labor & industry for elevator installation. **installation of wood trusses not included in this permit. amended building permit required prior to installation.** [amendment approved 7/22/2021 for changes to floor layouts to increase size of commercial space, reduce size of residential community room space, remove of common laundry room, and provide in-unit washers & dryers and for changes to exterior wall sheathing materials as per approved amended architectural plans. separate amended electrical, mechanical, and plumbing permits required for changes in scope and layout.] [amendment approved 4/4/2023 for changes to floor layouts at the 2nd through 4th floors to replace some one-bedroom dwelling units with studio and two-bedroom units as per approved amendment plans. no change to total number of dwelling units in the building. studio units #304 and #410 and two-bedroom unit #412 to be constructed as type a accessible units. all other new studio and two-bedroom units to be constructed as type b units.] [amendment approved 5/23/2025 for documentation of as-built changes to 1st floor layout to include relocated class 1a bicycle storage room, new electrical room, removal of vestibule, and relocation and increase in quantity of commercial space exits as per approved amended plans.] [amendment 11/7/2025 for.
The owner of record is Lancaster 41 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 153 units of new supply — including the 9-unit project at 675 N 41st St, the 8-unit project at 657 N Preston St, the 10-unit project at 644-46 N 40th 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 74 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 74 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.