76-unit mixed-use new construction, zoned RTA1.
A 76-unit mixed-use building is set to rise at 4701-15 Kingsessing Ave in Kingsessing & Cedar Park, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 20, 2021.
The 70,800 sq ft site is zoned RTA1, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2012 for $3.8M. The plans call for for the erection of a four story detached structure for use as a multi-family household living ( 76 dwelling units). structure to include the following: fifty-five (55) accessory parking spaces, two (2) ada van accessible parking spaces and one (1) auto-share parking space on the same lot with existing twenty-one (21) parking spaces and two (2) ada van accessible parking spaces and, to include twenty-six (26) accessory class 1a bicycle parking spaces and ten (10) bicycle spaces. building is fully sprinklered in accordance with nfpa 13 and standpipes to be provided in the exit stairways per nfpa 14. all work to be done per approved plans. if field conditions vary contact design engineer prior to the start of any work. **a covered walkway or sidewalk closure shall be required within 11 feet of the building facade in accordance with section 3306 of the 2018 ibc. separate building and/or streets department permit required prior to the start of any work.***amended permit to be obtained for under pinning work.*** fire watch is required once combustible construction is over 40 feet in height, a site safety plan shall be submited to building inspector prior to the start of any construction.*** separate permiits to be obtained for all other work.
The owner of record is Kingsessing Realty 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, 2 other major projects have broken ground since 2022 — roughly 27 units of new supply — including the 12-unit project at 4820 Chester Ave, the 15-unit project at 5222 Chester 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 42 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 42 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.