824 N 2nd StDelivered

A 78-unit residential building is set to rise at 824 N 2nd St in Northern Liberties, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Apr 13, 2021.

The site is zoned CMX2.5, which supports a building on the order of 6 stories by right. The parcel last changed hands in 2021. The plans call for **amendment dated 8/19/2025 to revise layout of first floor vacant commercial spaces to include egress passageway and changes to basement layout as per revised plans.** **amendment dated 7/12/2024 to remove smoke barriers at elevator hoistway door openings and instead use positive pressurization as per 2018 ibc section 909.21, along with revision of peco vault height** **amendment dated 3/8/2024 to document changes due to zp-2021-005332, and new peco vault in basement** **amendment dated 10/19/2022 to document the soe work to the north wall (no encroachments proposed into neighboring property)** **amendment 4/8/2022 to document revisions to soe plans, no work to north wall until adjacent property owner provides authorization to encroach under their property with the soil nails** **amendment 11/10/2021 to change special inspection agency as per revised forms, and document payment to dhcd for moderate income bonus** for the erection of a six-story structure with a vacant commercial space at the 1st floor (separate co required) and 78 dwelling units throughout. the 1st floor to be type ia construction with type iiib construction above. roof deck for access for maintenance only. separate permit required for mep and fire suppression work. underpinning work on this permit.

The owner of record is 820 N 2nd Realty Partners L.P.. 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, 8 other major projects have broken ground since 2022 — roughly 681 units of new supply — including the 55-unit project at 828-40 N 2nd St, the 97-unit project at 500 N Christopher Columbus Blvd, the 10-unit project at 1139-41 N 3rd 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?