IKEA Coming to Midstate

0
227

by Zach Harmuth, BigRmedia Staff

IKEA fans will be happy to hear that the popular Swedish furniture giant, according to a number of reports, will announce tomorrow its plans to open a location in Antioch.

The Tennessean reports that IKEA will open a location in Antioch off Interstate 24. Specifically, moving into the Century Farms mixed-use property there.

Antioch, per the Tennesseean report, was picked over sites near the airport, downtown, and Bellevue.

There have been rumors about a Mid-Tennessee IKEA ever since the company announced in 2014 that it would open a Memphis location.

The company, the Source reported last July, was looking for a location somewhere along interstates 65, 40 or 24. New IKEA locations usually cover 25 to 35 acres of land and contain 250,000 to 400,000 square feet. The process can take years. IKEA spent a decade deciding on a site in St. Louis, for example. Rumors first surfaced about a potential Nashville-area location about five years ago.

The important things a retailer like IKEA looks for are: highway visibility, vicinity to a major interchange and easy and open ingress and egress, according to Austin Benedict, senior associate at CBRE Nashville’s Retail Services Group, said. Williamson County does not really have land like that available- at least not in retail, nor at the price that IKEA would like to pay.