Market Insights  /  Fishtown
Development Watch · Fishtown

1321 N Front StUnder construction

36-unit mixed-use new construction, zoned CMX3.

A 36-unit mixed-use building is set to rise at 1321 N Front St in Fishtown, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 30, 2020.

The 3,875 sq ft site is zoned CMX3, which supports a building on the order of 7 stories by right. The plans call for new construction of a seven (7) story structure to include vacant commercial space (use registration & fit-out permits required prior to occupancy), thirty-six (36) dwelling units and accessory parking space as per approved plans. building to utilize horizontal separations to create two (2) separate buildings with two (2) different construction types (cellar, 1st & 2nd floors - type ia and 3rd through 7th floors - type iiia). fire retardant treated studs and sheathing required for type iii construction. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc review* amendment approved 10/15/21 amend new construction permit cp-2020-003385 for changes to foundation system as per approved plans. **separate permits required for mep & fire suppression work** .

The owner of record is East Columbia & Memphis A. 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 724 units of new supply — including the 26-unit project at 1400-10 Frankford Ave, the 61-unit project at 1351-59 Frankford Ave, the 114-unit project at 1440 N Front 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)
Schematic massing — illustrative of the ~7-story by-right envelope, not the developer's design.
Units
36
Zoning
CMX3
By-right envelope
~7 stories
Lot
3,875 sq ft
Cleared to build
Dec 30, 2020
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 125 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.

~88buildable units
████████ Street
CMX3 · 0.28 mi away
Max bid to a builder $6.1M · Opportunity Score 100
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~119buildable units
████████ Street
CMX3 · 0.38 mi away
Max bid to a builder $8.3M · Opportunity Score 100
Unlock →
~81buildable units
████████ Street
CMX3 · 0.48 mi away
Max bid to a builder $5.6M · Opportunity Score 100
Unlock →
~93buildable units
████████ Street
CMX3 · 0.44 mi away
Max bid to a builder $6.5M · Opportunity Score 100
Unlock →
~78buildable units
████████ Street
CMX3 · 0.39 mi away
Max bid to a builder $5.3M · Opportunity Score 100
Unlock →
Unlock the 125 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.

26u1400-10 Frankford Ave0.08 mi
61u1351-59 Frankford Ave0.09 mi
114u1440 N Front St0.13 mi
84u130 W Girard Ave0.18 mi
84u130 W Girard Ave0.18 mi
107u1122 Frankford Ave0.22 mi
9u1700 Frankford Ave0.29 mi
55u1713 N Front St0.32 mi
Progress

How this project is moving

Interior systems ~64% complete
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.