Market Insights  /  Fishtown
Development Watch · Fishtown

502 Cecil B Moore AveUnder construction

0-unit mixed-use new construction, zoned IRMX.

A 0-unit mixed-use building is set to rise at 502 Cecil B Moore Ave in Fishtown, the kind of by-right infill quietly reshaping the block.

The site is zoned IRMX, which supports a building on the order of 5 stories by right. The parcel last changed hands in 2021.

The owner of record is N5 Square Flats LLC.

It isn't rising in isolation. Within a half-mile, 12 other major projects have broken ground since 2022 — roughly 787 units of new supply — including the 200-unit project at 1635 N 5th St, the 8-unit project at 1545 N 6th St, the 89-unit project at 1832 Germantown 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?

Schematic massing — illustrative of the ~5-story by-right envelope, not the developer's design.
Units
—
Zoning
IRMX
By-right envelope
~5 stories
Last sale
2021
For developers & investors

Underpriced parcels near this project

As this density arrives, InvestPHL is tracking 114 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.

~98buildable units
████████ Street
CMX2 · 0.45 mi away
Max bid to a builder $6.7M · Opportunity Score 100
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~66buildable units
████████ Street
RM2 · 0.47 mi away
Max bid to a builder $820K · Opportunity Score 98
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~338buildable units
████████ Street
ICMX · 0.19 mi away
Max bid to a builder $7.1M · Opportunity Score 98
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~190buildable units
████████ Street
ICMX · 0.09 mi away
Max bid to a builder $4.0M · Opportunity Score 94
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~179buildable units
████████ Street
ICMX · 0.39 mi away
Max bid to a builder $3.4M · Opportunity Score 94
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Unlock the 114 nearby opportunities →
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.

200u1635 N 5th St0.06 mi
8u1545 N 6th St0.13 mi
89u1832 Germantown Ave0.18 mi
8u1850 N Leithgow St0.21 mi
18u439-45 W Berks St0.23 mi
9u1941 N Marshall St0.30 mi
12u1733-41 N 2nd St0.33 mi
33u300 W Norris St0.35 mi
Progress

How this project is moving

Final inspections & CO ~92% 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.