Market Insights  /  Bella Vista & Queen Village
Development Watch · Bella Vista & Queen Village

1401 S Christopher Columbus BlvdCleared to build

370-unit residential new construction, zoned CMX3.

DeveloperNational Realty Investment AdvisorsArchitectBLT ArchitectsStatusBuilt 2024, 426 units currently listed
Rendering of 1401 S Christopher Columbus Blvd — Plans for former Foxwoods site take shape along Delaware River waterfront
Plans for former Foxwoods site take shape along Delaware River waterfront
Rendering of 1401 S Christopher Columbus Blvd — Almost 450 residences coming to South Philly waterfront land once eyed for casino
Almost 450 residences coming to South Philly waterfront land once eyed for casino
Published renderings · via phillyvoice.com. Shown for informational purposes; rights belong to the original creator.See the source →

A seven-story, 370-unit development is cleared to build at 1401 South Christopher Columbus Boulevard, where South Christopher—the owner of record since 2017—plans to combine modular construction above a base of traditional Type I-A concrete. The project occupies a 7.7-acre lot along the riverfront at the boundary of Bella Vista and Queen Village, taking advantage of CMX3 by-right zoning that allows substantial density without special approvals. The structure will house 315 dwelling units along with ground-floor commercial shells that require separate fit-out permits before they can open, plus an accessory parking garage threaded through the lower levels.

The construction strategy is unusual: floors one and two will rise as traditional Type I-A concrete, while the upper five stories will be modular Type III-A units built off-site and stacked atop the podium. That upper portion requires fire-retardant studs and sheathing, and the whole building will be fully sprinklered under NFPA 13 standards with standpipes running vertically. The modular components carry third-party approval from PFS Corporation under Pennsylvania DCED regulations, a nod to the speed and cost discipline that prefabrication can bring to midrise multifamily.

The site sits on a stretch of Columbus Boulevard that has seen scattered residential conversions and small-scale condo projects, but nothing approaching this density in recent memory. With 370 units on a single parcel and no comparable multifamily projects within a half-mile radius, this development represents a significant tilt toward rental or condo supply in a corridor that has long been underbuilt relative to its waterfront access and transit proximity. South Christopher's willingness to commit nearly eight acres to this scale of housing—cleared to start in late 2021—suggests confidence that the riverfront can absorb hundreds of new households without cannibalizing pricing or lease-up.

Whether this becomes a catalyst for adjacent parcels depends largely on how quickly the project delivers and how the market absorbs that volume. The zoning is permissive, the lot is enormous by neighborhood standards, and the modular approach should compress timelines if construction moves forward as planned. If the economics prove out, other sizable riverfront holdings in the area may start to look more attractive for similar plays, particularly as developers grow comfortable with hybrid podium-and-modular typologies that squeeze more units from mid-rise envelopes.

Schematic massing — illustrative of the ~7-story by-right envelope, not the developer's design.
Units
370
Zoning
CMX3
By-right envelope
~7 stories
Lot
337,134 sq ft
Last sale
$20M · 2017
Cleared to build
Dec 22, 2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 18 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.

~100buildable units
████████ Street
CMX3 · 0.18 mi away
Max bid to a builder $7.6M · Opportunity Score 99
Unlock →
~123buildable units
████████ Street
CMX3 · 0.17 mi away
Max bid to a builder $9.5M · Opportunity Score 99
Unlock →
~75buildable units
████████ Street
RM1 · 0.43 mi away
Max bid to a builder $5.6M · Opportunity Score 99
Unlock →
~259buildable units
████████ Street
CMX3 · 0.32 mi away
Max bid to a builder $4.4M · Opportunity Score 98
Unlock →
~249buildable units
████████ Street
CMX3 · 0.47 mi away
Max bid to a builder $4.2M · Opportunity Score 98
Unlock →
Unlock the 18 nearby opportunities →
In the news

What we're hearing about this project

National Realty Investment Advisors adjusted plans to 448 units with 356 multi-family units, 92 townhomes and commercial space designed by BLT Architects.
National Realty Investment Advisors purchased the site from Bart Blatstein in 2017 for development of residential and retail complex at former Foxwoods Casino location.
U.S. Construction filed lawsuit against National Realty Investment Advisors in 2022 for breach of contract over the development at 1401 South Christopher Columbus Boulevard.
Development team planned 370-unit mixed-use building plus additional buildings totaling 855 units and nearly 50,000 square feet of commercial space.
News items are compiled automatically and may be approximate — verify before relying on them.
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.