30-unit residential new construction, zoned CMX2.
A 30-unit residential building is set to rise at 710 N 16th St in Fairmount & Art Museum, the kind of by-right infill quietly reshaping the block. It was cleared to build in Mar 6, 2020.
The 8,257 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2019. The plans call for proposef (4) story multi-family residence (30 units total), w/ partial cellar, pilot houses & roof deck & green roof as denoted on plans. proposed ground floor commercial (front) and 6 residential units in rear. proposed (10) class 1a bike parking spaces inside building along accessible route. max height from grade to t.o. roof not to exceed 45'-0". max height from t.o. roof deck to t.o. pilot house not to exceed 10'-0". unit count & building height based upon green roof & low income housing bonuses. (no signs on this application).
The owner of record is Sdg 710 N 16th Stllc.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 378 units of new supply — including the 11-unit project at 1630-32 Ridge Ave, the 12-unit project at 1638 Ridge Ave, the 17-unit project at 1633-43 Ridge 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?
As this density arrives, InvestPHL is tracking 103 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 103 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.