12-unit residential new construction, zoned CMX4.
A 12-unit residential building is set to rise at 112 S 43rd St in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Sep 15, 2020.
The site is zoned CMX4, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2020. The plans call for for the erection of an four story building with twelve dwelling units. building required to be sprinklered in accordance with nfpa 13r and standpipes installed in exit stairs. all work to be done in accordance with approved plans. separate permits required for m.e.p. and fire suppression work. .
The owner of record is 112 South 43rd Street Housing LLC.
It isn't rising in isolation. Within a half-mile, 8 other major projects have broken ground since 2022 — roughly 313 units of new supply — including the 12-unit project at 4245 Sansom St, the 20-unit project at 222 S 45th St, the 95-unit project at 4050 Ludlow 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?
As this density arrives, InvestPHL is tracking 99 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 99 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.