Business & Tech

Rite-Aid Plans Location Swap with Arnold M&T Bank

The community is invited to discuss the potential for M&T Bank to be replaced with a larger Rite-Aid.

A community meeting is set to discuss a developer's plans to replace the M&T Bank site in Arnold with a 14,000 square-foot Rite Aid.

The existing M&T Bank would then move into the spot vacated by Rite-Aid, according to Robert Tipton, of Sigma Engineering, Inc. The preliminary plans being discussed would not necessitate any additional buildout, Tipton said.

The community meeting is scheduled for 6 p.m. on Feb. 4 at the Broadneck Library, and is hosted by Sigma Engineering, Inc.—the engineers associated with the project—according to an Anne Arundel County Planning and Zoning document obtained by Patch.

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"The developer proposes to replace an existing bank pad with a 14,673 square-foot Rite-Aid," said Tipton in a release.

The meeting is open to the public, who are being asked for their input in this preliminary stage of the plan's development, Tipton said.

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