5-unit mixed-use new construction, zoned CMX2.
A 5-unit mixed-use building is set to rise at 2233-35 Germantown Ave in Fairhill, the kind of by-right infill quietly reshaping the block. It was cleared to build in Feb 2, 2023.
The 3,359 sq ft site is zoned CMX2, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2014 for $60K. The plans call for for the erection of a three (3) story structure of type v-b construction for use as one (1) vacant commercial space (separate permits required for fit-out & issuance of c.o.) and five (5) dwelling units (group r-2). building to be fully sprinklered throughout per nfpa 13. all work to be done per approved plans and in accordance with 2018 ibc. separate permits required for mechanical, electrical, plumbing, and fire suppression work.
The owner of record is T & J Stokes Corporation.
It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 242 units of new supply — including the 9-unit project at 2300-10 Germantown Ave, the 9-unit project at 2300-10 Germantown Ave, the 8-unit project at 2059 Germantown 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 178 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 178 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.