A proposed "flagship Walgreens" store modeled on similar stores on New York's Wall Street and Chicago's Michigan and State has won city zoning approval for the three-story, 26,000 square foot former Borders bookstore, NE corner, Broad and Chestnut Sts. (1 South Broad) in Center City, says Larry Steinberg, the real estate broker who runs Fameco's Center City office.
As with Marshall's recent decision to lease a vacant Staples at 1046 Market, the move marks another mass-market chain's expansion in Center City, an aging office center that's increasingly popular as a residential neighborhood.
"It'll have a pharmacy, all right, but also takeout salads, sushi, a wellness center where you can see a physician, a nail salon, maybe a hair salon," Steinberg told me.
"They're providing as many services as we can to get you into the space and suport their pharmacy and drugstore operation on the third floor." Walgreens hopes to open the store this fall, hiring "a lot of people," he added.(See Walgreen's floor plan proposal.)