5-unit mixed-use new construction, zoned CMX2.
A 5-unit mixed-use building is set to rise at 2000 South St in Graduate Hospital & Point Breeze, the kind of by-right infill quietly reshaping the block. It was cleared to build in Aug 28, 2025.
The 1,660 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 2023 for $950K. The plans call for for the construction of an attached structure with cellar and roof decks accessed by two roof deck access structures. for use as vacant commercial space on first floor and basement with multi-family (5 unit) household living above. as per approved plans. **********************separate permits required for all other work. ***************************************.
The owner of record is Lh South 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, 1 other major projects have broken ground since 2022 — roughly 9 units of new supply — including the 9-unit project at 757 S 15th 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)As this density arrives, InvestPHL is tracking 93 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 93 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.