The nation’s largest drug store chain may have a head start on the pharmacy market in Northwest Arkansas, but that isn’t stopping its biggest competitor from moving in.
Fayetteville planning commissioners this week approved plans for a CVS Pharmacy at the northeast corner of College Avenue and Township Street, on a site that’s currently home to a Days Inn motel.
According to city documents, the plans call for demolishing the motel to make room for a 13,225-square-foot drug store and 61-space parking lot at the southwest corner of the site. As part of the project, CVS has agreed to build new sidewalks with 10-15 feet of trees and landscaping along College and Township, and remove an unsightly retaining wall at the south end of the property.
Aside from being across College Avenue from Fayetteville’s first Walgreens store, the new CVS could be the beginning of a state-wide war with the pharmacy giant, which operates 78 Walgreens locations in Arkansas, including five (soon to be six) retail pharmacies in Fayetteville.
While CVS is the second-largest drug store chain in the country, the Fayetteville store would be the first to open in Arkansas after the chain’s only other location in Texarkana. A third CVS Pharmacy is in the works along Highway 71 in Bella Vista.
Once complete, the new CVS will mark the finale of a complete transformation of the College-Township intersection, which began 13 years ago when Walgreens opened a 15,000-square-foot store on the northwest corner where a Nelms Chevrolet car dealership had been.
Kum & Go opened a 10-pump, 5,000-square-foot fuel station on the southeast corner in 2011, replacing a vacant restaurant building along with Bill & Tony’s Liquor Store and Tabriz Auto.
Arvest Bank is currently building a 6,000-square-foot, six-lane drive-through bank branch at the southwest corner, where a vacant car lot sat for years.