CVS/pharmacy spending $733K to open Downtown Store

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Photo courtesy of CVS on Facebook

Pharmacy takes space at Peachtree Center North Tower.

CVS/pharmacy is opening a Downtown location.

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The retail pharmacy filed a permit with City of Atlanta last week for tenant finishes to its new 13,000-square-foot store inside Peachtree Center North Tower.

CVS/pharmacy will spend an estimated $732,500 to convert space, at 235 Peachtree Street, into the drug store, according to the permit.

Construction is scheduled to begin early next year on the CVS/pharmacy’s new Downtown location, according to Michael J. DeAngelis, company spokesman. It should open mid-2012, he told What Now Atlanta in an email Monday.

“We believe that it will help meet the need downtown for high-quality retail pharmacy services,” DeAngelis said.

CVS/pharmacy, the retail division of CVS Caremark Corporation, is America’s largest retail pharmacy with more than 7,000 CVS/pharmacy and Longs Drugs stores.

 

Caleb J. Spivak

Caleb J. Spivak

Caleb J. Spivak

Caleb J. Spivak

12 Responses

  1. Interesting conversion. This will be the former Brooks Brothers space, I assume. Since the BB was two stories (if I’m right about the address), then the CVS will be probably be two stories as well. Will that be a first for CVS in Atlanta?

  2. What will happen to the full-service CVS at Broad Street Plaza and the CVS pharmacy in the GP building. The spokesman gives the impression that downtown doesn’t have a CVS yet. Or does he mean that this one will be the first one that is “high-quality?”

  3. What’s next, Family Dollar in the former McDonald’s site? Or perhaps a General Dollar store in the Jos A Bank locaton after it closes in a few months? We need to attract a Target and mid-price to upper mid-price stores where people can afford to shop, but have prices that are high enough to keep the riff-raff away.

  4. “CVS attracts undesirables”? I’m no big fan of the sudden ubiquity of CVS stores intown, but I haven’t noticed them attracting an undesirable crowd on the whole (Five Points being the exception for the obvious reason that there are constant vagrants and dealers in that plaza). Where have you seen this?

  5. It will be nice having a convenient shop such as CVS in this area. I just wish that the vacant storefront between Jos. A Bank and the future Hooter’s expansion space could be a Chipotle for the downtown area. The closest one is off Ponce and that’s not close enough for those who work downtown.

  6. @Sambo – While I don’t shop at either with any regularity, I shop at both enough to know the Walgreens & CVS are essentially the same place. How does CVS attract undesirables? Maybe CVS is going into areas of town that Walgreens isn’t willing to go?

    As a former downtown worker, I would’ve loved to have a CVS downtown. A place to get cards, snacks, drugs, prescriptions, etc – all at “normal” prices.

    Yes, a Target would be nice, but Target is not going in Peachtree Center, first of all. And second, Target isn’t going downtown until downtown could support a Target, the same reason why there are no supermarkets.

  7. Target for years has supported downtown through their volunteer army. I get the feeling that they’re keeping their eyes on the population growth and demographics and will open a store as soon as it can be supported by the residential population. That might be a while but at least downtown is on their radar.

  8. Low-glamour, but apparently very much in demand. At least ten times during the summer I had people around downtown hotels ask me if there was a drugstore nearby. This was between 7 and 8 p.m., as I was walking home from work – long after the CVS at Five Points had closed. A lot (many? most?) people who come here as tourists or conventioneers aren’t up for the adventure of taking the #110 bus to the 6th Street CVS or hiking to the Piedmont and North Ave. Walgreens.

    One day I was carrying my empty lunch containers back home in a Target bag and two guys saw the bag and came running from the other side of the street to ask if there was a Target around and how they could get to it. They looked so disappointed when I told them they’d have to take either a bus and a shuttle, a train and a shuttle or two trains to get to the closest ones. I can’t remember what they wanted but it was definitely something they could have gotten at a drugstore.

    As far as attracting “undesirables,” they’re probably about even unless you’re comparing the Five Points CVS to the Buckhead Walgreens. I’ve seen a shoplifter being tackled at a CVS, but the area around the Piedmont Walgreens is a hotbed of hustlers. Usually it’s someone asking for money or wanting to trade you four quarters for a dollar bill (What is it with that anyway?) but in July a guy in the parking lot tried to sell me a raw steak he’d likely just stolen from Publix.

  9. Perhaps you all are correct, but just as I do for the Falcons, I will hope for the best and try not to be dissappointed in the results. I love this city!

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