44-unit residential new construction, zoned RM1.
A 44-unit residential building is set to rise at 730 W Berks St in Fishtown, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Nov 1, 2021.
The 47,983 sq ft site is zoned RM1, which supports a building on the order of 3 stories by right. The parcel last changed hands in 2021. The plans call for new construction of a detached three-story building for use as forty-four (44) dwelling units as per approved plans. building required to be fully sprinklered. *2018 ibc review* **separate permits required for mep & fire suppression work**.
The owner of record is Berks Senior Living 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, 12 other major projects have broken ground since 2022 — roughly 737 units of new supply — including the 9-unit project at 1941 N Marshall St, the 89-unit project at 1832 Germantown Ave, the 18-unit project at 439-45 W Berks 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 90 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 90 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.