52-unit residential new construction, zoned RM1.
A 52-unit residential building is set to rise at 620 Moore St in Pennsport & South Philadelphia, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Apr 7, 2021.
The 21,675 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2021 for $900K. The plans call for new construction of a four (4) story structure for use as fifty-two (52) dwelling units with accessory parking as per approved plans. building to be fully sprinklered per nfpa 13r and include standpipes per nfpa 14. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved amend new construction permit no. cp-2020-005227 to reduce overall height of building as per approved plans. amendment approved 1/4/22 amend new construction permit no. cp-2020-005227 to change special inspection agency as per revised statement of special inspections form. amendment approved 10/22/21 amend new construction permit no. cp-2020-005227 to reduce sprinkler requirement from nfpa 13 to nfpa 13r as per approved plans. amendment approved 11/20/21 amend new construction permit no. cp-2020-005227 for changes to basemenet layout of unit a-01 as per approved plans. amendment approved 2/8/22 amend new construction permit no. cp-2020-005227 for changes to amenity spaces as per approved plans. .
The owner of record is Bootstrap Bowtie 1031 Easy 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, 1 other major projects have broken ground since 2022 — roughly 24 units of new supply — including the 24-unit project at 900-08 Mckean 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 9 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 9 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.