Swedish Home Furnishings Retailer IKEA Secures Contractors for Future Miami-Dade Store, on Track to Open Summer 2014

  Swedish Home Furnishings Retailer IKEA Secures Contractors for Future
  Miami-Dade Store, on Track to Open Summer 2014

Business Wire

CONSHOHOCKEN, Pa. -- February 20, 2013

IKEA, the world’s leading home furnishings retailer, today announced that
contractors have been hired and a building permit is pending for its future
Miami-Dade store in Sweetwater, FL. This progress allows the project to
continue on track for a groundbreaking within the next two months and a store
opening in Summer 2014, increasing the Swedish retailer’s presence in South
Florida. Until then, customers can shop at Broward County’s IKEA Sunrise or
online at IKEA-USA.com. (Two other Florida IKEA stores are located in Orlando
and Tampa.)

IKEA, the world’s leading home furnishings retailer, today announced that
contractors have been hire ...

IKEA, the world’s leading home furnishings retailer, today announced that
contractors have been hired and a building permit is pending for its future
Miami-Dade store in Sweetwater, FL. (Photo: Business Wire)

IKEA has chosen one of the nation’s largest construction management firms,
Balfour Beatty Construction, to oversee the project. The company
(www.balfourbeattyus.com) has deep roots in Florida since its 1933
establishment, and has been recognized as one of FORTUNE’s Best Places to Work
and as a Top 10 Green Builder by Engineering News-Record. Other Florida firms
involved with this IKEA project include: Kimley-Horn and Associates for civil
engineering; ATC Associates for geotechnical services; GFA International, Inc.
for testing and inspection services, Holland & Knight for local land use
counsel; The Goldstein Environmental Law Firm for Brownfield expertise; real
estate brokerage The Shopping Center Group for site selection support; and
Procacci Development Corporation for selling the land. Atlanta-based
GreenbergFarrow is the project architect.

“We are excited that plans are on track to open IKEA Miami in Summer 2014 as
our second South Florida store,” said Mike Ward, IKEA US president. “This
store will provide a more conveniently located IKEA shopping experience for
current and potential Miami-Dade customers, and will help strengthen the IKEA
presence in Florida established by stores already in Sunrise, Orlando and
Tampa.”

IKEA Miami will feature nearly 10,000 exclusively designed items, 50
inspirational room-settings, three model home interiors, a supervised
children’s play area, and a 500-seat restaurant serving Swedish specialties
such as meatballs with lingonberries and salmon plates, as well as American
dishes. Other family-friendly features include a ‘Children’s IKEA’ area in the
Showroom, baby care rooms, preferred parking and play areas throughout the
store. In addition to the more than 500 jobs that are expected to be created
during the construction phase, approximately 350 coworkers would join the IKEA
family when the new store opens. IKEA Miami also would provide significant
annual sales and property tax revenue for local governments and schools.

The 417,000 square-foot future IKEA Miami, and 1,500 parking spaces, will be
built in the City of Sweetwater on 14.6 acres adjacent to the Dolphin Mall,
and located west of Miami International Airport at the intersection of the
Dolphin Expressway (SR 836) and Florida's Turnpike. Store plans reflect the
unique architectural design for which IKEA stores are known worldwide. IKEA
also will evaluate solar generation potential for this store to complement the
presence of renewable energy generation at nearly 90% of its current U.S.
locations.

IKEA strives to be ‘The Life Improvement Store’ and, since its 1943 founding
in Sweden, has offered home furnishings of good design and function at low
prices so the majority of people can afford them. There are currently 340 IKEA
stores in 40 countries, including 38 in the U.S. IKEA has been ranked in
FORTUNE’s annual “100 Best Companies to Work For” list, Working Mother
magazine’s annual list of “100 Best Companies for Working Mothers” and
Training magazine’s annual “Top 100.” IKEA incorporates sustainability into
day-to-day business and supports initiatives that benefit children and the
environment. For more information, see IKEA-USA.com, facebook.com/IKEAUSA,
@DesignByIKEA, and http://pinterest.com/IKEAUSA/.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130220005227/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50569705&lang=en

Contact:

IKEA
Joseph Roth,  610-834-0180, Ext. 6500
U.S. Public Affairs
 
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