5-unit residential new construction, zoned CA1.
A 5-unit residential building is set to rise at 2039 S 10th St in Pennsport & South Philadelphia, the kind of by-right infill quietly reshaping the block. It was cleared to build in Oct 6, 2026.
The 1,610 sq ft site is zoned CA1, which supports a building on the order of 3 stories by right. Records show the parcel last traded in 2024 for $200K. The plans call for for underpinning and for the construction of an attached building with walk out roof decks at second floor level and balconies at third floor level. for use a non-accessory structured parking [three (3) garage parking spaces] and multi-family household living [five (5) dwelling units]. as per approved plans. ********************separate permits for all other work. ***************************************.
The owner of record is 2039 South 10th Street 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 24 units of new supply — including the 24-unit project at 900-08 Mckean 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 17 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 17 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.