A circulated sketch plan proposes demolishing the core of the 1.1 million-square-foot Neshaminy Mall and replacing it with an “open air main street” mixed-use development.
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The proposal was drafted for property owners Paramount Realty and Edgewood Properties.
The plan calls for taking down most of the existing mall while retaining 237,500 square feet of existing retail space and adding 543,600 square feet of new retail area.
Marketing materials posted on Paramount Realty’s website list Bensalem Township mall as “under development.”
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The May 2025 site plan for the Neshaminy Mall is included in a nearly 150-page marketing document for Paramount Realty, which was posted in recent months. The plans were first reported last week by Bensalem Weekly.
It is unclear if the vision for the mall site remains current. A spokesperson for the mall owner did not comment.
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In the proposed plan, the existing AMC Theatre and the 128,000-square-foot Boscov’s store would remain, with Boscov’s gaining a 26,300-square-foot annex. The two existing restaurant pad sites along Rockhill Drive would also be preserved.
The Barnes & Noble bookstore would move to a new 23,400-square-foot space along Neshaminy Boulevard.
The plans also lay out spaces for a 50,000-square-foot Dick’s Sporting Goods and a 30,000-square-foot Whole Foods, along with additional retail, office, and dining space.
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A new 171,000-square-foot retail building is listed for the corner of the property near Route 1 and Bristol Road.
A four-story hotel is mentioned in the document, and a gas station is proposed for the corner of the property near Route 1 and Rockhill Drive.
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In the corner of the property between Neshaminy Boulevard and Bristol Road, the draft features a four-story “residential tower” with 377 units, 73 townhomes, and three multi-family buildings containing a total of 247 units.
Total retail parking across the site would reach 3,010 spaces, which marketing materials note meets the parking requirements for a Walmart.
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Whole Foods, Dick’s Sporting Goods, and Walmart have not announced plans for the site. Walmart already operates a store roughly half a mile away on Horizon Boulevard.
The sketch plan does not show a SEPTA station. The mall property has previously served as the proposed terminus for a long-debated extension of the Broad Street Line.
Credit: County of Bucks
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Developers often circulate draft sketch plans and property summaries among real estate brokers and industry professionals while looking at options for a site.
The owners of the mall have not yet formally presented the proposal to the Bensalem Township Council.
Paramount Realty Group and Edgewood Properties acquired the mall from Brookfield Properties in 2024 for $27.5 million.
Paramount already owns the adjacent Marketplace at Neshaminy and previously led the redevelopment of Lincoln Plaza in nearby Middletown Township after purchasing it from Oxford Valley Mall-owner Simon Property Group for more than $34 million in 2020.
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LowerBucksSource.com reported last month that mall tenants received notices to vacate the property by Oct. 31.
The Bucks County Courier Times reported that a significant portion of the existing mall will be torn down to accommodate the redevelopment.
Credit: The Philadelphia Inquirer/Newspapers.com
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The Neshaminy Mall was originally constructed in 1968 by the Korman Company. The mall was anchored by Sears and Strawbridge & Clothier (later Macy’s) before expanding over the decades.
