Ikea to replace Burbank, Calif., store with larger one
November 19, 2012,
Conshohocken, Pa. - Ikea plans to open a new 470,000-square-foot store in Burbank, Calif., in the fall of 2016, which will be nearly twice the size of the current store it will replace in the market.
The existing 242,000-square-foot store was the Sweden-based home furnishings giant's first in California and sixth in the nation, opening in 1990 on 6.4 acres along Interstate 5 and San Fernando Boulevard, the company said.
It said the old store could be incorporated into a local developer's plans "to spur further economic growth as the Burbank Town Center."
"Because of this store's success, we are excited about the opportunity to build upon our established presence in Burbank with a new, roomier store so close to the existing one and in the same city," Mike Ward, Ikea U.S. president, said in a release.