Market Insights  /  Brewerytown & Sharswood
Development Watch · Brewerytown & Sharswood

2821-27 W Sedgley AveUnder construction

30-unit residential new construction, zoned RM1.

A 30-unit residential building is set to rise at 2821-27 W Sedgley Ave in Brewerytown & Sharswood, the kind of by-right infill quietly reshaping the block. It was cleared to build in Nov 17, 2021.

The 10,925 sq ft site is zoned RM1, which supports a building on the order of 4 stories by right. The parcel last changed hands in 2022. The plans call for for the erection of a four story structure of type va construction with a cellar and a green roof with a roof access structure as per plans. for parking on the ground floor and multi-dwelling units with accessory common space as shown. amendment (6/7/2022) to remove basement, change parking arrangement and reorginize floor layout as per revised plans.

The owner of record is 2821 West Sedgley LP. 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, 3 other major projects have broken ground since 2022 — roughly 69 units of new supply — including the 46-unit project at 2800 Diamond St, the 15-unit project at 2111-13 N 33rd St, the 8-unit project at 2400 W Montgomery Ave. 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 ~4-story by-right envelope, not the developer's design.
Units
30
Zoning
RM1
By-right envelope
~4 stories
Lot
10,925 sq ft
Last sale
2022
Cleared to build
Nov 17, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 28 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.

~53buildable units
████████ Street
RM1 · 0.31 mi away
Max bid to a builder $809K · Opportunity Score 88
Unlock →
~96buildable units
████████ Street
ICMX · 0.41 mi away
Max bid to a builder $1.5M · Opportunity Score 88
Unlock →
~46buildable units
████████ Street
RM1 · 0.28 mi away
Max bid to a builder $747K · Opportunity Score 86
Unlock →
~63buildable units
████████ Street
ICMX · 0.46 mi away
Max bid to a builder $985K · Opportunity Score 80
Unlock →
~49buildable units
████████ Street
ICMX · 0.36 mi away
Max bid to a builder $836K · Opportunity Score 73
Unlock →
Unlock the 28 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.

46u2800 Diamond St0.05 mi
15u2111-13 N 33rd St0.38 mi
8u2400 W Montgomery Ave0.45 mi
Progress

How this project is moving

Life-safety systems ⚠ 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.