Ikea goes for 3 in Dallas market
February 9, 2017,
Ikea's 289,000-square-foot Fort Worth, Texas, store would open in summer 2019.
The Top 100 company said today it submitted a proposal to the city of Fort Worth for the proposed 289,000-square-foot store. If all goes as planned, construction would start next spring, and the store would open in the summer of 2019.
The new Fort Worth store would be built on a 27-acres tract on a corner of Interstate 35 and North Tarrant Parkway. Ikea said it will evaluate potential on-site power generation to complement a renewable energy presence at nearly 90% of its U.S. locations.
“This proposed Fort Worth store would complement our Dallas-area presence in Frisco and soon in Grand Prairie by bringing the unique family-friendly shopping experience even closer to customers in the western part of the Metroplex,” said Lars Petersson, Ikea U.S. president.
The move reflects Ikea’s success in Frisco “and confidence in the North Texas, Market,” said Joseph Roth, spokesperson for Ikea U.S. expansion/property.
“The Dallas-Fort Worth Metroplex is a large, populous metropolitan area that is expansive, growing quickly, and clearly able to support multiple Ikea stores in the long-term,” he said.
The three stores — Frisco in the northeast, Grand Prairie coming to the south central area, the Fort Worth site to the northwest — would form "a ‘V’ in the market in accordance with population and highways.”
The retailer, with 43 U.S. stores and more than 390 stores in 48 countries, did not disclose its projected investment. Its 42nd and 43rd U.S. stores opened in Las Vegas and Memphis last year. In addition to the Grand Prairie store on tap this year, the retailer also slated new 2017 stores to open in greater Columbus, Ohio; Jacksonville, Fla.; and Indianapolis. A third San Francisco-area store and its first Milwaukee-area stores are expected to open in 2018.
Related Content By Author
Live From New York: Fashion Comes Across the Pond
Home & Textiles Today eDaily
Most Viewed Articles
See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more...