One of Bucks County’s most recognizable commercial landmarks may soon undergo a major transformation. The Neshaminy Mall in Bensalem Township was purchased in July 2024 by Paramount Realty and Edgewood Properties for approximately $27.5 million, and early discussions point toward a large-scale mixed-use redevelopment of the property.

While plans are still evolving, developers have indicated they may demolish a significant portion of the existing mall structure while keeping several anchor tenants in place, including Boscov’s, Barnes & Noble, and the AMC theater. The long-term vision could include a mix of residential housing, retail, and other commercial uses, turning the largely vacant retail property into a vibrant community destination.

What Could Be Built at the Mall Site

The mall property spans roughly 100 acres, giving developers considerable flexibility to reshape the site. While a formal redevelopment plan has not yet been submitted, early discussions have included the possibility of:

• New residential housing

• Retail and restaurant space

• Walkable community areas

• Potential medical or office uses

Bensalem Mayor Joe DiGirolamo has acknowledged that the process is moving forward but progressing slowly, which is typical for large redevelopment projects of this scale. In many cases, a measured approach allows developers and local officials to create a plan that balances economic growth, housing demand, and community needs.

Why the Neshaminy Mall Redevelopment Matters for Local Real Estate

For the Bensalem real estate market, the redevelopment of the Neshaminy Mall site is a development worth watching.

When a large underutilized commercial property begins transitioning into a mixed-use residential and retail destination, it can create ripple effects throughout the surrounding housing market. New housing, improved amenities, and increased investment in infrastructure often lead to greater buyer demand in nearby neighborhoods.

Bensalem Township is already well positioned geographically. Located near the intersection of Interstate 95 and the Pennsylvania Turnpike, the area offers convenient commuting access to Philadelphia, Northeast Philadelphia, and other parts of Bucks County. Communities such as Trevose, Feasterville, and Cornwells Heights are also nearby.

A revitalized mixed-use campus at the Neshaminy Mall site could further strengthen the area’s appeal for buyers searching for Bucks County homes for sale at price points below the county’s median home value of around $500,000.

What This Could Mean for Buyers and Sellers

For homebuyers, redevelopment projects like this can signal future growth. Neighborhoods located near major redevelopment often see increased buyer interest and gradual price appreciation as investment flows into the area.

For current homeowners in Bensalem, the long-term trajectory of the project could positively impact home values and equity growth over time.

Sellers who are considering listing their homes in the next few years may want to keep a close eye on how the redevelopment plans progress.

Thinking About Buying or Selling in Bucks County?

At The McKnight Team, we closely track major development projects across Bucks County and Montgomery County and how they impact neighborhood-level home values.

If you’re considering buying a home in Bensalem, selling your property, or simply want to understand how projects like the Neshaminy Mall redevelopment could affect your home’s value, we’re happy to help.

Visit TheMcKnightTeam.com or reach out to our team for a local market analysis and expert guidance on your next move.

Source: Bucks County Courier Times, 3/2/2026