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

2004 Cecil B Moore AveUnder construction

63-unit residential new construction, zoned ICMX.

A 63-unit residential building is set to rise at 2004 Cecil B Moore Ave in Brewerytown & Sharswood, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Jul 14, 2026.

The 23,735 sq ft site is zoned ICMX, which supports a building on the order of 3 stories by right. The plans call for for the construction of a detached structure with residential roof deck accessed by roof deck access structure. for use as a multi-family (63 unit) household living with business offices on the 1st floor level to include one (1) off-street loading space. as per approved plans. **********************separate permits for any other work. ******************************************.

The owner of record is Philadelphia Housing Auth. 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 226 units of new supply — including the 27-unit project at 2134 Ridge Ave, the 36-unit project at 2112 Ridge Ave, the 24-unit project at 1409 N 21st 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)
Schematic massing — illustrative of the ~3-story by-right envelope, not the developer's design.
Units
63
Zoning
ICMX
By-right envelope
~3 stories
Lot
23,735 sq ft
Cleared to build
Jul 14, 2026
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.

27u2134 Ridge Ave0.14 mi
36u2112 Ridge Ave0.14 mi
24u1409 N 21st St0.26 mi
8u2122-52 Sharswood St0.26 mi
17u2016 Ridge Ave0.27 mi
40u2000 Ridge Ave0.30 mi
8u2400 W Montgomery Ave0.34 mi
8u1309 N 22nd St0.34 mi
Progress

How this project is moving

Interior systems ~62% complete
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.