0-unit residential new construction, zoned CMX3.
A 0-unit residential building is set to rise at 1115 Germantown Ave in Northern Liberties, the kind of by-right infill quietly reshaping the block.
The 31,462 sq ft site is zoned CMX3, which supports a building on the order of 8 stories by right. The parcel last changed hands in 2024.
The owner of record is Morris Nicholas.
It isn't rising in isolation. Within a half-mile, 10 other major projects have broken ground since 2022 — roughly 785 units of new supply — including the 10-unit project at 1139-41 N 3rd St, the 166-unit project at 310 W Girard Ave, the 84-unit project at 130 W Girard 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 134 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 134 nearby opportunities →Major (8+ unit) new-construction projects filed within a half-mile since 2022 — the density gathering around this site.