Lender Takes Over Boston Market Owner’s Bensalem Site

Lender Takes Over Boston Market Owner's Bensalem Site

A prominent Bucks County development site, once planned for a large mixed-use project, is returning to the lender after receiving no bids at a sheriff’s sale. The 35-acre property at 2201 Street Road in Bensalem was owned by a company controlled by Jignesh “Jay” Pandya, owner of the Boston Market restaurant chain. Located between Hulmeville and Knights Roads, just south of the Jefferson Ward Shopping Center, the site was formerly home to Armstrong Middle School, which was demolished. In November 2021, Bensalem Township Council approved a plan for “The Hub at Bensalem,” a project with over 150,000 square feet of retail space and 40 residential units across 11 buildings.

*Article courtesy of Philadelphia Business Journal

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