CVS Pharmacy Opens New Location at Reston Station
February 11 2020 - 4:00PM
Comstock Holding Companies, Inc., (NASDAQ: CHCI) announced today
that CVS Pharmacy, the retail division of CVS Health (NYSE: CVS)
will open at Reston Station on March 1, 2020. The pharmacy will
occupy 8,451 Sq. Ft. of retail space at 1906 Reston Metro Plaza,
situated between the entrance to the Metro Station and Starbucks on
the Metro Plaza.
Adding CVS to the project’s retail will provide
convenient on-site access to prescription medication and pharmacy
experts, health and wellness products, and flu shots to Reston
Station’s office tenants and commuters. CVS Pharmacy serves
millions of consumers around the country with programs including a
curated grocery and food selection, elevated beauty,
customer-driven personalization with the ExtraCare Rewards program,
and an enhanced assortment of health and wellness products.
“The addition of CVS Pharmacy to the Reston Station
neighborhood aligns with our commitment to provide convenience and
service to our tenants and residents,” said Tim Steffan, EVP/Asset
Management, Development and Leasing for Comstock. “We are pleased
to welcome this national retailer to our community, and look
forward to growing our retail tenants in 2020.”
About CVS Pharmacy
CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is
America's leading retail pharmacy with over 9,900 locations. It is
the first national pharmacy to end the sale of tobacco and the
first pharmacy in the nation to receive the Community Pharmacy
accreditation from URAC, the leading health care accreditation
organization that establishes quality standards for the health care
industry. CVS Pharmacy is reinventing pharmacy to help people on
their path to better health by providing the most accessible and
personalized expertise, both in its stores and online at CVS.com.
General information about CVS Pharmacy and CVS Health is available
at www.cvshealth.com.
About Reston Station
Strategically located midway between Tysons Corner
and Dulles International Airport, Reston Station is one of the
largest mixed-use, transit-oriented developments in the Washington,
D.C. region. Covering nearly 40 acres along the Dulles Toll Road
and surrounding the Wiehle Reston-East Metro Station at the Phase I
terminus of Metro's Silver Line, Reston Station is home to the
first Helmut Jahn designed building in Virginia and features
additional trophy-class buildings by the world-class design team of
HKS. With multiple residential buildings completed, under
construction and planned, the Reston Station neighborhood will
provide a wide variety of housing for thousands of residents while
two major brand hotels will serve short-term and extended-stay
visitors. Founding Farmers, Starbucks and other popular restaurants
are open and coming soon while CVS and other service-oriented
retailers will provide additional conveniences for residents,
office workforce, and commuters alike. For more information about
Reston Station, visit www.RestonStation.com.
About Comstock Holding Companies,
Inc.
Comstock Holding Companies, Inc. (Nasdaq: CHCI) is
a real estate development, asset management and real estate
services company that has designed, developed, constructed and
managed several thousand residential units and millions of square
feet of residential and mixed-use projects throughout the
Washington, D.C. metropolitan market since 1985. In 2019, Comstock
completed the wind-down of its subsidiary for-sale homebuilding
operation to focus exclusively on commercial real estate
investment, development, asset management and real estate related
services. Anchoring CHCI’s transition is a long-term asset
management agreement covering two of the largest transit-oriented,
mixed-use developments in the Washington, D.C. area; Reston
Station, a nearly 5 million square foot transit-oriented and
mixed-use development in Reston, Virginia, and Loudoun Station, a
nearly 2.5 million square foot transit-oriented, mixed-use
development in Ashburn, Virginia, and additional development
assets. Comstock has significant experience with entitling,
designing, developing, and managing a diverse range of properties
including apartments, condominiums, mixed-use (residential and
commercial) properties, large-scale commercial parking garages and
infrastructure projects. Comstock also provides development supply
chain services, including capital markets, real estate brokerage,
environmental consulting, design and remediation services.
Comstock Holding Companies, Inc. is publicly traded
on NASDAQ under the symbol CHCI. For more information,
visit www.ComstockCompanies.com.
Cautionary Statement Regarding
Forward-Looking Statements
This release may include "forward-looking"
statements that are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by use of words such
as "anticipate," "believe," "estimate," "may," "intend," "expect,"
"will," "should," "seeks" or other similar expressions.
Forward-looking statements are based largely on our expectations
and involve inherent risks and uncertainties, many of which are
beyond our control. Any number of important factors could cause
actual results to differ materially from those in the
forward-looking statements. Additional information concerning
important risk factors and uncertainties can be found under the
heading "Risk Factors" in our latest Annual Report on Form 10-K, as
filed with the Securities and Exchange Commission.
Comstock specifically disclaims any obligation to update or revise
any forward-looking statements, whether as a result of new
information, future developments or otherwise.
Comstock Companies Media
ContactShanna Wilsonshanna@eincomm.com917-674-3096
CVS Health (NYSE:CVS)
Historical Stock Chart
From Apr 2024 to May 2024
CVS Health (NYSE:CVS)
Historical Stock Chart
From May 2023 to May 2024