82-unit residential new construction, zoned IRMX.
A 82-unit residential building is set to rise at 2149-73 E Rush St in Port Richmond & Kensington, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Dec 17, 2021.
The 19,700 sq ft site is zoned IRMX, which supports a building on the order of 5 stories by right. The parcel last changed hands in 2026. The plans call for new construction of a five (5) story structure to include artist studios, seventy-two (72) dwelling units and accessory parking as per approved plans. fire retardant treated studs and sheathing required in exterior walls for type iii construction. building to be fully sprinklered per nfpa 13 and include standpipes per nfpa 14. fire watch required per code bulletin f-2001. *2018 ibc* **separate permits required for mep & fire suppression work** amendment approved 4/5/23 amend new construction permit cp-2021-001563 to change dprc-si and licensed special inspections agency as per approved documents. amendment approved 8/7/23 amend new construction permit cp-2021-001563 to change engineer of record as per approved plans.
The owner of record is Cfg Pa East Rush Holdco LLC.
It isn't rising in isolation. Within a half-mile, 5 other major projects have broken ground since 2022 — roughly 304 units of new supply — including the 47-unit project at 2855 Janney St, the 146-unit project at 2001 E Lehigh Ave, the 26-unit project at 2626 Trenton 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?
As this density arrives, InvestPHL is tracking 20 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 20 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.