In a surprising move, the owner of Parx Casino in Bensalem, Pennsylvania has acquired two buildings in Bucks County for a whopping $12.5 million. The properties, located in a prime location in the heart of Bucks County, are said to be a strategic investment for the casino owner, who is looking to expand their footprint in the region.
The first building, a former bank headquarters, spans over 50,000 square feet and is situated on a prime corner lot. The second building, a historic landmark in the area, offers over 30,000 square feet of space and is said to have great potential for renovation and development.
According to sources, the casino owner has plans to transform these buildings into a mixed-use development that will include retail space, restaurants, and possibly even a hotel. This move is part of the owner’s larger strategy to diversify their portfolio and attract a wider range of customers to their establishments.
Local residents and business owners are excited about the news, as the acquisition is expected to bring new life and economic opportunities to the area. Many are hopeful that the development will attract more visitors to Bucks County and boost the local economy.
In a statement, the casino owner expressed their excitement about the acquisition, stating that they are committed to investing in the local community and creating a vibrant destination for residents and visitors alike. The owner also hinted at potential partnerships with local businesses and organizations to enhance the overall experience for patrons.
The acquisition of these two buildings is just the latest in a series of strategic moves by the owner of Parx Casino. With their sights set on growth and expansion, it seems that this casino owner is poised to make a significant impact on the Bucks County area. Stay tuned for more updates on this exciting development.
