Quote:
Originally Posted by McBane
These statements, like there are too many of this type of store or none of this type of store is silly. Why would CVS spend $$$ to build a store 5 min from an existing Rite Aide IF it didn't think there was a market for both? And as much as I'd love to see a BBB in CC, I don't think that is what gets the executives to locate a store in a specific area. It's all about the money.
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There is a huge difference between what the market can support and what is actually ideal for the neighborhood/area. That's why discussion and planning are important. Anyway, it's not 5 mins from a Rite Aid, it's a block away from one (I forgot about the one on Hamilton). It's five minutes from another CVS (four blocks, next to a gas station), a different Rite Aid, the Philadelphian Pharmacy, Fairmount Pharmacy Services, and maybe a few I am forgetting about. There are a ton of pharmacies in the neighborhood. Anyway, it doesn't have to be a bar or a restaurant (those are just the things you equate with luxury apartments), there are just some other amenities that would be nice and more exciting to prospective tenants.
Edit: Also, Rite Aid is a PA company! We should always be down on CVS!