40-unit residential new construction, zoned RSA5.
A 40-unit residential building is set to rise at 1301 N 8th St in Fishtown, a mid-scale addition to one of the city's busier development corridors. It was cleared to build in Feb 21, 2020.
The 10,300 sq ft site is zoned RSA5, which supports a building on the order of 4 stories by right. Records show the parcel last traded in 2017 for $800K. The plans call for for the new construction of a four-story structure for use as forty (40) dwelling units with commercial spaces on the first floor, as per approved plans. building to be connected to existing structure on 1315 n. 8th street with a dedicated access easement and contractural agreement. amendment as of 11/05/2020- to change foundation from spread footings to helical pile and grade beams, as per submitted plans/documents.
The owner of record is 1301 North 8th Limited Pa.
It isn't rising in isolation. Within a half-mile, 6 other major projects have broken ground since 2022 — roughly 704 units of new supply — including the 8-unit project at 1545 N 6th St, the 160-unit project at 1600-10 N 11th St, the 160-unit project at 1600-10 N 11th 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?
As this density arrives, InvestPHL is tracking 70 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 70 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.