12-unit residential new construction, zoned CMX2.
A 12-unit residential building is set to rise at 5046 Baltimore Ave in Kingsessing & Cedar Park, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jun 21, 2019.
The 3,784 sq ft site is zoned CMX2, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2018. The plans call for construction of a three(3) story mixed use building with cellar. for group practitioner office on ground floor and cellar[baltimore ave & 51st street frontages per plan]. educational services center on ground floor [51st street frontage per plan].one(1) ground floor residential unit, [51st street frontage per plan]. one(1) cellar residential unit[51st street frontage per plan]. proposed (10) residential units on floors 2-3, per plan for a total of twelve(12) dwelling units. **building to be sprinklered as per nfpa 13 on the ground floor and cellar and nfpa 13r on the 2nd and 3rd floor**separate permits required for mechanical electrical plumbing and fire suppression work**.
The owner of record is 5050 Baltimore Avenue LLC.
For now it stands out on its block — there's little other major development within a half-mile, which makes the surrounding under-built parcels worth a closer look as this density arrives.
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 58 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 58 nearby opportunities →