New jobs are coming to Bristol Township thanks to a $2 million redevelopment grant secured by Bucks County State Senator Steve Santarsiero and Representative Tina Davis.
Funding from The Redevelopment Assistance Capital Program (RACP) will be used to demolish an existing low-occupancy hotel located at 6201 Bristol Pike to make way for a new 130,000 SF industrial and logistics warehouse.
“I’d like to thank Governor Wolf for supporting my request to dedicate RACP funds for this project, which will help grow Bristol Township’s local economy,” Senator Santarsiero said.
The property has been rezoned as “Heavy Manufacturing,” paving the way for the redevelopment.
“These state funds will help support the ongoing revitalization of manufacturing industries in the area through the redevelopment of an industrial and logistics warehouse,” Representative Davis added.
RACP is a Commonwealth grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects.
Mike S. Callahan, VP of Acquisitions and Development for Benchmark Real Estate and Benchmark Construction is thrilled to see the project move forward. “We are ecstatic that Governor Wolf has chosen this project for RACP investment and are grateful to Senator Santarsiero and Representative Davis for everything they have done to make this project a reality,” he said.
The project will create both short-term construction jobs and permanent jobs in the area.