Rebuffed more than two years ago from its initial plan to build in Peachtree City, Walgreens is looking at relocating to another parcel at the intersection of Ga. Highway 54 at Peachtree Parkway.

United Retail Development Company filed plans seeking to demolish the Ruby Tuesday restaurant and build a Walgreens drug store sometime in 2011 when certain deed restrictions on the site expire, City Planner David Rast confirmed Wednesday.

The last time Walgreens tried to come into the city, a rezoning proposal was denied that would have allowed the company to build on the site of the Christ Our Shepherd Lutheran Church. No such city approval will be needed this time, as the Ruby Tuesday site is already zoned for commercial use; the city’s planning commission will have to approve the site plans.

The Rite Aid drugstore next door will have a competitor at its doorstep in 2011 if United Retail comes through with its plans.

It is far too early to tell whether the Walgreens would be open 24 hours a day, said Russell Rankenburg of United Retail.

Under the plan, the 4,365 sq. ft. restaurant would be replaced with a 14,550 sq. ft. Walgreens, with that area including storage space on the second floor, Rast said. The new building’s footprint would fit on the site with minimal disturbance, Rast said, noting that some planting areas adjacent to the building would need to be removed.

The access to the current Rite Aid would remain the same as it is currently, and the overall parking layout and circulation would remain the same as exists for Ruby Tuesday’s, Rast said.

The site is zoned for general commercial use and drug stores are allowed under that zoning category, Rast noted. The city has no restrictions on similar uses being located next to each other, he said.

A deed restriction currently on the property limits its use to being a restaurant, Rankenburg said, but that restriction expires in 2011.