Market Insights  /  Brewerytown & Sharswood
Development Watch · Brewerytown & Sharswood

1327-33 N Marston StDelivered

17-unit residential new construction, zoned RSA5.

A 17-unit residential building is set to rise at 1327-33 N Marston St in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Jan 3, 2019.

The 8,050 sq ft site is zoned RSA5, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2017 for $340K. The plans call for for the erection of the three (3) structure, two (2) story addition above an existing one (1) story portion, and interior renovation as per approved plans. for a multi-family household living ( 17 dwelling units) with six(6) bicycle spaces in an accessible route. this permit to contain underpinning. entire building to be fully sprinklered. asbestos abatement required prior to commencement of work. separate permit required for mep work.

The owner of record is Milk Depot LLC.

It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 205 units of new supply — including the 27-unit project at 2625 Jefferson St, the 8-unit project at 2413 W Thompson St, the 16-unit project at 2408 Stewart 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?

Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
17
Zoning
RSA5
By-right envelope
~3 stories
Lot
8,050 sq ft
Last sale
$340K · 2017
Cleared to build
Jan 3, 2019
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 6 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.

~58buildable units
████████ Street
ICMX · 0.39 mi away
Max bid to a builder $2.7M · Opportunity Score 78
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~20buildable units
████████ Street
CMX2.5 · 0.19 mi away
Max bid to a builder $877K · Opportunity Score 59
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~10buildable units
████████ Street
CMX2 · 0.28 mi away
Max bid to a builder $356K · Opportunity Score 37
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~3buildable units
████████ Street
RM1 · 0.33 mi away
Max bid to a builder $87K · Opportunity Score 21
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~6buildable units
████████ Street
CMX2 · 0.36 mi away
Max bid to a builder $270K · Opportunity Score 13
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Unlock the 6 nearby opportunities →
The block

What else is rising nearby

Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.

27u2625 Jefferson St0.16 mi
8u2413 W Thompson St0.25 mi
16u2408 Stewart St0.26 mi
8u2403 W Thompson St0.26 mi
16u1525 N Stillman St0.26 mi
8u2401 Stewart St0.26 mi
40u909 N 26th St0.27 mi
16u1503 N 25th St0.29 mi
Progress

How this project is moving

Cleared for occupancy ⚠ Status unclear — no recent activity
Estimated from the construction permit sequence — an approximation of stage, not a precise schedule.
Every logged milestone appears here — highlighted ones are the headline stages; the rest track interim construction activity. Checked daily.
Compiled by InvestPHL. Unit counts, scope, and ownership are as recorded and subject to revision; the massing figure is a schematic illustration of the by-right envelope, not the developer's design or a marketing rendering. Verify zoning, status, and title with counsel before acting. InvestPHL does not list, market, or represent any property, buyer, or seller.