IKEA Tempe AZ | IKEA EXPANDS NORTH AMERICAN REACH TO THE SOUTHWEST
IKEA EXPANDS NORTH AMERICAN REACH TO THE SOUTHWEST
Contact:Joseph Roth 610-834-0180,x6500
PLYMOUTH MEETING, PA – IKEA, the leading home furnishings retailer, today submitted plans to build a store in Tempe, Arizona as its first southwestern store and restaurant destination outside of Southern California. Pending final city approval of the project, construction on the building could begin as early as Fall 2003, with an anticipated opening date of November 2004.
Located at the northeast corner of I-10 and Warner Road, the 23-acre site would include a 342,000 square foot IKEA store built at-grade and facing south with approximately 1,300 parking spaces in front of, and alongside, the store. IKEA intends to purchase the land from Emerald Holdings, and the two companies will be working closely with the City of Tempe to obtain the necessary approvals. IKEA Tempe would be the Swedish retailer’s 22nd store in the U.S., and would reflect the consistently recognizable unique architectural design for which IKEA stores are known worldwide.
“We are excited about the prospect of entering the Phoenix area at this location in the City of Tempe,” said Doug Greenholz, real estate manager for IKEA. “We have known for a while that there are many IKEA customers here in the Valley and throughout the state. We are very proud of this proposal to open an IKEA store that is a much shorter drive than California for our loyal Arizona fans.” The closest IKEA stores to the Valley of the Sun are on I-10 in Covina, CA and one in San Diego off of I-8.
IKEA Tempe will feature approximately 50 different room settings, five model homes, a supervised children’s play area, as well as a 300-seat IKEA Restaurant that serves Swedish specialties such as meatballs with lingonberries and salmon platters. Other family-friendly features would include Children’s IKEA showroom, baby care rooms, preferred parking and play areas throughout the store.
Greenholz continued, “Tempe is the smart place to be for us to become an active member of the greater Phoenix area. In addition, IKEA looks forward to being a partner in the local community.” Besides jobs created during the construction phase, about 400 new co-workers would join the IKEA family when the new store is fully built. Also, IKEA Tempe would provide significant annual sales tax revenue benefits to the City and property tax revenue for local governments and schools.
IKEA currently has more than 185 stores in 31 countries, including 17 stores in the United States and 11 stores in Canada. This January, the company began an aggressive North American expansion and relocation effort that includes at least 5 new stores a year for the next ten years. This expansion will balance increasing the presence of IKEA in existing markets with entry into newer markets, such as the Valley of the Sun. Other new U.S. stores being planned include: Bloomington, MN; Dublin, CA; New Haven, CT; Philadelphia, PA; Somerville, MA; and a relocation in Houston, TX.
Since its founding in 1943, IKEA has offered a wide range of home furnishings and accessories of good design and function, at low prices so the majority of the people can afford them. IKEA is recognized as a socially responsible company, and continuously supports initiatives that benefit causes such as children and the environment. To visit the IKEA Web Site, please go to http://www.ikea-usa.com.
Contact:Joseph Roth 610-834-0180,x6500
PLYMOUTH MEETING, PA – IKEA, the leading home furnishings retailer, today submitted plans to build a store in Tempe, Arizona as its first southwestern store and restaurant destination outside of Southern California. Pending final city approval of the project, construction on the building could begin as early as Fall 2003, with an anticipated opening date of November 2004.
Located at the northeast corner of I-10 and Warner Road, the 23-acre site would include a 342,000 square foot IKEA store built at-grade and facing south with approximately 1,300 parking spaces in front of, and alongside, the store. IKEA intends to purchase the land from Emerald Holdings, and the two companies will be working closely with the City of Tempe to obtain the necessary approvals. IKEA Tempe would be the Swedish retailer’s 22nd store in the U.S., and would reflect the consistently recognizable unique architectural design for which IKEA stores are known worldwide.
“We are excited about the prospect of entering the Phoenix area at this location in the City of Tempe,” said Doug Greenholz, real estate manager for IKEA. “We have known for a while that there are many IKEA customers here in the Valley and throughout the state. We are very proud of this proposal to open an IKEA store that is a much shorter drive than California for our loyal Arizona fans.” The closest IKEA stores to the Valley of the Sun are on I-10 in Covina, CA and one in San Diego off of I-8.
IKEA Tempe will feature approximately 50 different room settings, five model homes, a supervised children’s play area, as well as a 300-seat IKEA Restaurant that serves Swedish specialties such as meatballs with lingonberries and salmon platters. Other family-friendly features would include Children’s IKEA showroom, baby care rooms, preferred parking and play areas throughout the store.
Greenholz continued, “Tempe is the smart place to be for us to become an active member of the greater Phoenix area. In addition, IKEA looks forward to being a partner in the local community.” Besides jobs created during the construction phase, about 400 new co-workers would join the IKEA family when the new store is fully built. Also, IKEA Tempe would provide significant annual sales tax revenue benefits to the City and property tax revenue for local governments and schools.
IKEA currently has more than 185 stores in 31 countries, including 17 stores in the United States and 11 stores in Canada. This January, the company began an aggressive North American expansion and relocation effort that includes at least 5 new stores a year for the next ten years. This expansion will balance increasing the presence of IKEA in existing markets with entry into newer markets, such as the Valley of the Sun. Other new U.S. stores being planned include: Bloomington, MN; Dublin, CA; New Haven, CT; Philadelphia, PA; Somerville, MA; and a relocation in Houston, TX.
Since its founding in 1943, IKEA has offered a wide range of home furnishings and accessories of good design and function, at low prices so the majority of the people can afford them. IKEA is recognized as a socially responsible company, and continuously supports initiatives that benefit causes such as children and the environment. To visit the IKEA Web Site, please go to http://www.ikea-usa.com.
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