Business & Tech

CVS Planning to Build Store in Wilde Lake

Village Center redevelopment plans move forward with a new CVS building.

 

Kimco has reached an agreement with CVS to bring one of its pharmacies to the Wilde Lake Village Center.

The new CVS will take the place of the current Crown Gas Station, according to Wilde Lake covenant adviser Carl McKinney.

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Plans for the new building were put on display Monday at Slayton House after Kimco development officials outlined their plans for the development of the village center at a Village Board meeting.

The store is estimated to be about 13,000 square feet. Before being approved, plans for the store will open to public comment for the next three weeks, then the plan will go to a design panel for further recommendations and then come back to the Village Board for approval, according to McKinney.

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Ground is scheduled to be broken in May at the old Giant building, which will kick off the redevelopment process in Wilde Lake, said McKinney.

In all, the development will feature new apartment buildings, a larger new store for David's Natural Market, an expanded courtyard, and 90,000 square feet of mixed commercial space.

Nearby, the boarded-up KFC building had a Kimco for lease sign on it. McKinney said Kimco is interested in leasing out the building to a new food business.

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