If you've missed the news, IKEA is coming to Nashville (finally...). IKEA opened a $64 million, 271,000-square-foot store in Memphis this year, however, the ideal spot for the popular Swedish furniture company would be closer to Nashville; with Nashville's growing and affluent professional community as well as proximity to upscale housing areas. This location will not be in central Nashville; it will actually be in Antioch.
IKEA is finally coming to Nashville -- NewsChannel 5
"The proposed IKEA Nashville would be the second such store in the state, complementing the Swedish company’s Memphis store that opened December 2016," IKEA said in a brief statement Wednesday.
The new store is set to live at a new 310-acre mixed-use development called Century Farms off Interstate 24, in the summer of 2020. In the conference with Nashville Mayor Megan Barry, the hold up is due to getting the site ready and development of new access roads based on the approved plans for the $25.7 million interstate project focused on the Hickory Hollow Parkway interchange off Interstate 24.
Joseph Roth, public affairs manger for Ikea’s expansion department, said the location is looking at serving 140,000 existing IKEA shoppers that call the Nashville market, home. The store is expected to generate 500 construction jobs and 250 permanent retail jobs. The company is also looking at exploring the possibility of on-site power generation. The 310-acre Century Farms project is currently being developed by Oldacre McDonald and TPA Group.
For more on the press conference and news story, visit the Tennessean's website. Check back with us often for updates on this store and opportunities for job placement.
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