CVS could be first tenant at Lexington Circle

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CVS could be first tenant at Lexington Circle

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Lexington Circle,

the commercial element of a mixed use development underway on Highway

54 East in Peachtree City at Walt Banks Road, may soon lock in its first

major tenant.

CVS Pharmacy

has expressed an interest in locating there and company officials have

been revising that plan informally with city staff. The plan was brought

to the Planning Commission's attention during a workshop at its meeting

Monday night.

Store officials

originally submitted a plan for the store to be located well off the main

entrance road to the complex. But that development was approved with a

different concept: buildings located right up against the street with

parking behind the buildings, said Jim Williams, the city's director of

developmental services.

City Planner

David Rast said the commercial developer, Metro Development from Atlanta,

has expressed a willingness to change the plan as long as the commission

was okay with the change; the commission has not yet been formally presented

the plan for the building.

Williams said

the outcome of the CVS store is crucial since it will be the standard

for other commercial developers in Lexington Circle.

The zoning

approved last year by the City Council limits the amount of retail space

to 137,000 sq. ft. It also caps the maximum size of a retail store at

50,000 square feet.

A number of

other commercial buildings in the development will have loft-style residences

on top. Including the lofts and townhomes, there will be up to 160 residential

units in the commercial complex, which was included in the Limited Use

Commercial rezoning for the property.

The plan for

Lexington Circle was originally designed by a planning firm hired by the

city. It has been tweaked since then by the developers, however.

Construction

in the adjacent subdivision is already underway, according to Bob Adams

of Bob Adams Homes.

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