POULSBO — The City of Poulsbo has approved site plans for a new pharmacy on the corner of Hostmark Street and Highway 305. A yet-to-be-named fast-food restaurant is also slated for the site.

“We are in the early stages of planning to open a new CVS/pharmacy in Poulsbo before the end of this year,” said Michael DeAngelis with CVS/pharmacy. “It is intended to be our second store in the state of Washington.”

CVS will open another store in Renton this summer before its Poulsbo location opens.

DeAngelis noted that the Poulsbo branch will include “a full-service pharmacy, health and beauty departments, general merchandise, food and digital photo processing.” The store is not currently planned to be a 24-hour location, DeAngelis said.

CVS/pharmacy will take over the 2.38-acre site formerly occupied by the Northwest Design Center. The existing 38,172-square-foot building will be demolished. The pharmacy will be housed in a new 14,500-square-foot building with a drive-thru pharmacy, and accompanied by 61 parking spaces.

The fast-food restaurant will be built at the north end of the property. It will be 3,995 square feet with 40 parking spaces.

The property’s current entrance off of Highway 305 will be preserved, however, the entrance from Hostmark Street will change to another location on the road.