815 Poplar StDelivered

A 152-unit residential building is set to rise at 815 Poplar St in Northern Liberties, one of the larger new-construction projects underway in Philadelphia this cycle. It was cleared to build in May 27, 2021.

The 42,210 sq ft site is zoned ICMX, which supports a building on the order of 5 stories by right. The parcel last changed hands in 2024. The plans call for for the erection of a five story detached structure of type ia construction on the ground floor and type iib above separated by three hour fire rated assembly. for an east and west wing connected by a pedestrian walkway. for a vacant commercial space (separate certificate of occupancy required prior to occupancy), parking and dwelling units as per plans. separate permits required for all mechanical, electrical, plumbing and fire suppression work. amendment (10/24/2022) to change the construction type, structural componants and fire rated assembly as per revised plans. amendment (7/1/2023) to add truss plans and design to approved documents. amendment (5/19/2023) to change layout and structural componants as per revised plans. amendment (2/23/2023) to revise sheet s300 amendment (10/27/2023) to add truss plans and design for suthern wing .

The owner of record is Poplar Development Property Owner 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 236 units of new supply — including the 70-unit project at 915-23 N Broad St, the 166-unit project at 310 W Girard 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?