24-unit residential new construction, zoned CMX2.5.
A 24-unit residential building is set to rise at 1810 Ridge Ave in Fairmount & Art Museum, the kind of by-right infill quietly reshaping the block. It was cleared to build in Feb 7, 2019.
The 7,205 sq ft site is zoned CMX2.5, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2018 for $1.3M. The plans call for **amendment dated 4/13/2021 to add horizontal exit at 2nd-5th floors to exempt elevators from requiring backup power, and revise location of peco vault** **all work and co for 2nd-5th flrs under this permit; see ap#944376 for co of 1st flr only** for the erection of a new five (5) story attached structure to be used as vacant commercial space at 1st flr, group r-2 above (twenty-four (24) dwelling units; one (1) type a w/rest type b), and group a-3 common roof deck above 5th story roof accessed by pilot houses, as per plans; separate permits for all mep/fsp work; fully sprinklered in accordance with nfpa 13 w/standpipes w/in exit stairways in accordance with nfpa 14; see ap#912687 for zoning permit; 2nd-5th flrs fully separated from building below as per section 509.2 of the 2009 ibc; separate pa l&i permit required for installation of elevator.
The owner of record is 18th & Ridge 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 243 units of new supply — including the 12-unit project at 1822 Ridge Ave, the 17-unit project at 1633-43 Ridge Ave, the 12-unit project at 1638 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?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 66 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 66 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.