108-unit residential new construction, zoned CMX2.
A 108-unit residential building is set to rise at 2601 Poplar St in Fairmount & Art Museum, one of the larger new-construction projects underway in Philadelphia this cycle. It was cleared to build in Sep 17, 2020.
The 37,684 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 new construction of a four (4) story structure to include vacant commercial space (use registration & fit-out permits required prior to occupancy), one hundred eight (108) dwelling units and fifty-one (51) accessory parking spaces as per approved plans. **building to utilize horizontal and vertical separations to create three (3) separate buildings with two (2) different construction types (bldg 1 - type ia and bldgs 2 & 3 - type va)** building to be fully sprinklered and include standpipes per nfpa 14. *2018 ibc review* **separate permits required for mep & fire suppression work** amendment approved 2/17/21 amend new construction permit cp-2020-000462 for changes to ground floor layout of stairs 1 & 2 as per approved plans. .
The owner of record is 2601 Poplar Oz 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, 12 other major projects have broken ground since 2022 — roughly 197 units of new supply — including the 40-unit project at 909 N 26th St, the 8-unit project at 2413 W Thompson St, the 8-unit project at 2403 W Thompson 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?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 8 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 8 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.