226 W Chelten AveCleared to build

A 46-unit residential building is set to rise at 226 W Chelten Ave in Germantown, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 16, 2021.

The 12,500 sq ft site is zoned CMX2.5, which supports a building on the order of 5 stories by right. Records show the parcel last traded in 2026 for $1.0M. The plans call for **amendment dated mm/dd/yyyy to change construction types from type iiia throughout to type ia podium at 1st story with type va at 2nd through 5th stories, change foundation to include helical piles, eliminate basement, add horizontal exit at 2nd-5th floors, revise floor plans throughout, modifications to windows, and reduce size of roof deck, all as per revised plans and documents.** for the erection of a new, five (5) story semi-detached structure (w/roof deck accessed by pilot houses enclosing access stairs only), to be used as group u (utilities only) within the basement, vacant commercial space at the ground floor (separate use registration permit and fit-out/co permit required prior to occupancy), with group r-2 at second to fifth floors (forty-six (46) dwelling units; at least one (1) type a unit w/remaining to be type b units), and group a-3 (shared roof deck for residential tenants only) above the fifth floor roof, and including site work for ten (10) accessory surface parking spaces (partially covered by building overhang), as per plans; separate permits required for all mep/fsp work; building to be fully sprinklered throughout in accordance with nfpa 13 and with standpipes within the exit stairways in accordance with nfpa 14; covered walkway or sidewalk closure shall be required within 14 feet of building facade in accordance with 2018 ibc section 3306; fire watch is required once combustible construction is over 40 feet in height; see zp-2021-006487 for zoning/use approval.

The owner of record is Phadc Chelten 226 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, 2 other major projects have broken ground since 2022 — roughly 82 units of new supply — including the 49-unit project at 328-30 W Queen Ln, the 33-unit project at 26-34 Church Ln. 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?