CVS will remodel this empty building at 1850 Fifth Avenue in Bankers Hill.
  • CVS will remodel this empty building at 1850 Fifth Avenue in Bankers Hill.
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CVS Pharmacy, which already has stores in Hillcrest, North Park, and downtown (Fifth Avenue and C Street) will remodel an empty building at 1850 Fifth Avenue in Bankers Hill. It then expects to open sometime in 2018.

The new CVS would be just up Fifth Avenue from the New Palace Hotel now undergoing rehabilitation; it will house approximately 80 seniors.

The new CVS would be just up Fifth Avenue from the New Palace Hotel now undergoing rehabilitation; it will house approximately 80 seniors.

The project will go before the August 1 meeting of Uptown Community Planning Group. “The hearing on that date is dependent on the first assessment letter for the project from city planning being issued prior to the meeting, so the board can review it,” said Leo Wilson, Uptown Planners chair.

Sharp Rees-Stealy Medical Group is a block away at 300 Fir Street, where there is already a pharmacy.

Sharp Rees-Stealy Medical Group is a block away at 300 Fir Street, where there is already a pharmacy.

CVS wants a Type 21 Alcoholic Beverage Control license (for beer, wine and spirits sales). I emailed ABC headquarters, to see if they had any information on a license application.

David Somo, manager of City Liquor House, said CVS can easily undercut his prices on liquor and groceries.

David Somo, manager of City Liquor House, said CVS can easily undercut his prices on liquor and groceries.

“I contacted our San Diego District Office concerning your e-mail, and they have indicated that there is no pending application for CVS at that address,” said Brett Musselman, supervising agent in charge, trade enforcement unit.

The new CVS would be just up Fifth Avenue from New Palace Hotel (1814 Fifth Avenue), which is undergoing a $21.3 million rehabilitation of that 1910 structure. Upon completion it will house approximately 80 seniors. Sharp Rees-Stealy Medical Group is a block away at 300 Fir Street. While there is already a pharmacy at the Rees-Stealy clinic, some patients may elect to fill prescriptions at the new CVS. There are many doctors and dentists along the Bankers Hill avenues.

Wilson says he does “not know if having a full liquor license will be controversial. Obviously,” Wilson told me, “it is an issue of concern, and people will want to know more about the hours of operation, the amount of liquor being sold and how it is displayed, the price and types. A major concern may be what conditions are going to be imposed to prevent negative impacts to some of the vulnerable populations in the area that abuse alcohol.”

Off-site sales of beer, wine and spirits is already available at City Liquor House, 1801 5th Avenue (at Elm Street). Adjacent is The SRO Lounge (1807 Fifth Avenue), a local dive bar. David Somo, manager of City Liquor House, said the CVS outlet “is not a good thing for us.” Somo said CVS can easily undercut his prices on liquor and groceries. “The New Palace Hotel residents may shop for groceries with CVS, instead of with us.”

An email sent to CVS corporate offices in Rhode Island was not immediately returned.

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Comments

SanCarlosGuy June 29, 2017 @ 6:07 p.m.

I guess these pharmacy's make money. They're sprouting up just about everywhere and they are convenient when buying just a few items. I imagine the seniors will appreciate the close proximity of this one..

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dwbat June 29, 2017 @ 6:18 p.m.

Today's news said Walgreens will buy more than 2,000 Rite Aid stores, three distribution centers and some inventory for $5 billion! They had wanted to buy the whole company. There's definitely huge profits being made at pharmacies across the country, especially since drug prices keep going up. But the chain pharmacies seem more like department stores (minus clothes) these days.

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Ponzi June 29, 2017 @ 6:53 p.m.

Baby Boomers retiring, big profits in prescribed drugs and so many new treatments coming to market everyday. I'm aware of several intersections in the county where Rite-Aid, CVS and Walgreen's are within 500 feet of each other.

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dwbat July 3, 2017 @ 9:35 a.m.

One wonders how they can keep building new 7-Elevens and Subways when neighborhoods seem saturated, but they do. Franchising can be extremely profitable for some companies.

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dwbat June 29, 2017 @ 8:46 p.m.

Rite Aid and CVS are both at 5th & C downtown. In North Park, CVS and Walgreens are almost spitting distance apart.

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Ponzi June 29, 2017 @ 10:40 p.m.

So many drug dealers in America. Starbucks on one corner, the liquor store across the street and the CVS in between.

Think about it.

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dwbat June 30, 2017 @ 12:03 p.m.

Some years back when visiting Seattle, I saw an intersection downtown with coffee shops on all FOUR corners; two of them were Starbucks. When I mentioned it to someone, they said it's not the only intersection in Seattle like that! There might also be a similar one in Portland.

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MURPHYJUNK July 1, 2017 @ 12:07 p.m.

it does not seem that long ago there were gas stations on all 4 corners of intersections too.

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dwbat July 1, 2017 @ 3:27 p.m.

You are so right. I remember those, too. In Hillcrest there's an intersection with ramen cafes on all four corners! [Just kidding!]

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MURPHYJUNK July 2, 2017 @ 8:13 a.m.

more likely around 40th st on el cajon blvd.

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dwbat July 2, 2017 @ 9:28 a.m.

I don't go past Ohio Street on El Cajon Blvd., so am unfamiliar with what goes on in City Heights.

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Visduh July 4, 2017 @ 6:58 a.m.

When all this shakes out, there will be only two major players in the "drug store" retail segment, and those will be (already are, actually) CVS and Walgreens. Talk about overbuilt retail! It is reminiscent of the saturation of gas stations that happened in the 50's. Even in small cities and larger towns, there were many intersections that had such operations on all four corners. The thing that will prevent that from happening with drug stores is that there are only the big two.

I've seen a few things that have me shaking my head. The intersection of Encinitas Blvd and Rancho Santa Fe Road in Olivanhain has a Rite-Aid that opened relatively recently. That puts the most downscale and struggling chain closest to uber-affluent Rancho Santa Fe! Why did the landlord go for Rite-Aid? I have no idea. Oh, the Walgreens in Vista on So Santa Fe Ave recently closed, less than a decade after it was built and opened there. There are other Walgreens in the area, one on Sycamore off Hwy 78, and another at Melrose and Cannon Road (technically in Oceanside.) CVS is everywhere in this area, it seems.

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dwbat July 4, 2017 @ 8:06 a.m.

I remember when Rite Aid was Thrifty PayLess. I used to love the cheap ice cream cones they sold in Hollywood. Sometime back, Rite Aid's CEO and other top executives went to prison after a huge accounting scandal. Longs Drug was a major West Coast player until CVS bought them.

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dwbat July 11, 2017 @ 10:27 a.m.

Yahoo! Finance recently reported (http://finance.yahoo.com/news/amazon-hiring-people-break-multibillion-002313216.html) that Amazon plans to enter the pharmacy business.This could shake up the whole industry, because Amazon is an unstoppable behemoth as it enters more areas of commerce.. And yes, I'm an Amazon Prime customer.

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Liwenrui Dec. 28, 2018 @ 12:11 p.m.

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