Market Insights  /  Girard Estates & Newbold
Development Watch · Girard Estates & Newbold

1943-49 Snyder AveCleared to build

16-unit residential new construction, zoned CMX2.

A 16-unit residential building is set to rise at 1943-49 Snyder Ave in Girard Estates & Newbold, the kind of by-right infill quietly reshaping the block. It was cleared to build in Dec 20, 2021.

The 3,780 sq ft site is zoned CMX2, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2015 for $300K. The plans call for for the erection of an attached structure with roof deck accessed from pilothouses. and six (6) bicycle parking spaces on an accessible route. for use as a vacant commercial space at the 1st floor front (separate use registration and fit-out permits required prior to occupancy) and multi-family (16 dwelling units) household living. building to be fully sprinklered. separate permits required for mep&fp work. separate approval required from pa l&i for elevator installation.

The owner of record is 1943-49 Snyder LLC. The project's plan drawings are on file — worth a look for anyone underwriting the surrounding block.

For now it stands out on its block — there's little other major development within a half-mile, which makes the surrounding under-built parcels worth a closer look as this density arrives.

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 ~4-story by-right envelope, not the developer's design.
Units
16
Zoning
CMX2
By-right envelope
~4 stories
Lot
3,780 sq ft
Last sale
$300K · 2015
Cleared to build
Dec 20, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 22 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.

~252buildable units
████████ Street
CMX3 · 0.49 mi away
Max bid to a builder $4.3M · Opportunity Score 98
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~236buildable units
████████ Street
CMX3 · 0.47 mi away
Max bid to a builder $4.1M · Opportunity Score 97
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~150buildable units
████████ Street
CMX2 · 0.49 mi away
Max bid to a builder $2.3M · Opportunity Score 95
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~114buildable units
████████ Street
CMX2 · 0.48 mi away
Max bid to a builder $1.6M · Opportunity Score 93
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~97buildable units
████████ Street
CMX2 · 0.32 mi away
Max bid to a builder $1.4M · Opportunity Score 91
Unlock →
Unlock the 22 nearby opportunities →
Progress

How this project is moving

In permitting ⚠ Status unclear — no recent activity
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.