15-unit residential new construction, zoned RSA5.
A 15-unit residential building is set to rise at 620 N 37th St in University City & Powelton, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 14, 2021.
The 5,250 sq ft site is zoned RSA5, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2026 for $675K. The plans call for for the erection of a four (4) story structure with roof deck access structure and roof deck; for use as a multi-family (15) household living as per approved plans. building to be fully sprinklered per nfpa 13r and standpipes with nfpa 14. separate permit required for any mep and fire suppression work. amendment#1 for floor layout change to 19 dwelling units as per zoning approval zp-2023-012949. amendment approved as of 7/20/26: to update the floor plans. size and location as shown in the amended plans.
The owner of record is 620 N 37 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 346 units of new supply — including the 16-unit project at 3618 Wallace St, the 16-unit project at 3618 Wallace St, the 62-unit project at 3620 Haverford 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?
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 40 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 40 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.