39-unit residential new construction.
A 39-unit residential building is set to rise at 3131 Master St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jan 25, 2019.
The 129,199 sq ft site. Records show the parcel last traded in 2021 for $51M. The plans call for for new construction of a four (4) story above grade plane multi-family dwelling of modular construction at all dwelling units spaces approved by pa dced approved agency (pfs corp.) with foundation construction, ground floor lobby, exterior wall & roof covering systems, & finish work to be completed at site in accordance with all applicable local codes per approved plans; building to be fully sprinklered w. a required four (4) inch fire service line. separate permit req'd for installation of any electrical & plumbing systems work not within modular units (per pfs copr. limitations), installation of fire & water service lines, & any other site work not within concealed modular units.
The owner of record is Brewerytown Manor Hub LLC.
It isn't rising in isolation. Within a half-mile, 2 other major projects have broken ground since 2022 — roughly 47 units of new supply — including the 20-unit project at 3117 Master St, the 27-unit project at 2625 Jefferson 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 4 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 4 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.