rb walgreens 091514Rcsm2_010508Contrary to speculation in a redbankgreen article back in March, when we reported that Walgreens was “reviewing” whether to go ahead with its controversial plan for a Red Bank store, the pharmacy giant is… going ahead with its plan for a Red Bank store.

Demolition began Monday on the former Rassas Buick showroom at 395 Broad Street, opposite the SuperFoodtown market. Monmouth County records show that Aaron Rassas sold the longtime home of his family auto dealership to a company affiliated with Walgreens’ developer Mark Development on July 31 for $3.35 million. Information about the store’s expected opening date was not immediately available.

Rassas Pontiac, which opened at 21 Mechanic Street in 1930, relocated to the Broad Street site in 1949 and operated there continuously until it shut down in early 2013. There’s some more history here. (Photo by Michael McMahon. Click to enlarge)