Parx Casino has purchased an existing Bensalem hotel, which it plans to renovate and open sometime in 2025, leaving unanswered questions about the original plans for a luxury hotel on the complex property approved last year.
Parx’s parent company, Greenwood Racing Inc., announced Monday the purchase of The Inn at Fox Chase, 3327 Street Road a little more than a half mile from the casino and racetrack complex, also on Street Road. A sale price was not disclosed.
Bucks County property records show an entity called IHM Bensalem LLC purchased the 4.7-acre hotel property last June for $13.75 million.
The 167-room hotel will be upgraded through an extensive renovation project over the next six to 12 months, according to a Parx press release.
