9-unit residential new construction, zoned CMX2.
A four-story mixed-use building is under construction at 2300-10 Germantown Avenue in Fairhill, delivering nine residential units over ground-floor commercial space on a roughly 4,900-square-foot lot. The project includes a roof deck and associated access structures, with the entire building designed to be fully sprinklered. Plans call for separate permitting of the commercial tenant space, which will require its own use-and-occupancy approval.
The site sits in a CMX2 zone, which allows this kind of modest mixed-use by right—a setup that's well-suited to the avenue's commercial-corridor bones. The developer, 1505 50th LLC, picked up the property earlier this year and cleared construction hurdles by August 2025, moving quickly from acquisition to vertical work. It's the kind of timeline that suggests familiarity with the entitlement process and confidence in the Germantown Avenue corridor's trajectory.
This isn't an isolated bet. Within a half-mile radius, nearly 200 new units are either delivered or in the pipeline, including a 35-unit building at 2132-38 North 10th Street and a 16-unit project at 715 West Cumberland Street. The density is clustering around the better-served blocks closer to Broad Street and along key north-south transit routes, but Germantown Avenue itself is starting to see developers willing to thread mixed-use infill into what's long been a retail strip with vacant upper floors and underused corner parcels.
The 2300 block straddles the line between Fairhill's scruffy commercial stretches and neighborhoods seeing real reinvestment pressure. If this nine-unit building delivers without drama and finds tenants for both the residential and retail components, it'll validate the formula for similar corner lots and shallow commercial parcels dotting Germantown Avenue north and south of here. The question isn't whether more projects follow—it's whether the corridor can absorb them without displacing the commercial tenants who've held on through leaner years.
📄 View the project's plan drawings (PDF)As this density arrives, InvestPHL is tracking 167 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 167 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.