Fishers Mayor Scott Fadness says attracting an IKEA store strengthens the city’s brand as "smart, vibrant and entrepreneurial." The Swedish furniture retailer says the new store will open in 2017 and employ about 250. Company leaders say the $40 million project will span 35 acres near I-69 and 116th Street. The retailer hopes to receive government approvals by the summer of 2016 and break ground that fall. Fadness says the move marks a "big win" for the city, adding that he has become a "very popular individual" among several of his wife’s friends.
The store will cover 296,000 square feet near exit 205 on I-69. The location will feature approximately 1,000 parking spaces and may include on-site power generation. The retailer says it will have nearly 10,000 exclusively-designed items, 50 room-settings, three model home interiors and a 350-seat restaurant serving Swedish and American dishes.
In a release from IKEA U.S., President Lars Peterson said, "We are excited at the prospect of growing our Midwest presence with an Indianapolis-area store. A location in this retail corridor would provide our already 184,000 Indianapolis-area customers their own store and would introduce the unique IKEA shopping experience to other consumers throughout Indiana."
There are currently 370 IKEA stores in 48 countries, including 41 in the United States. Currently, the closest IKEA stores are in the Cincinnati and Chicago suburbs.
Mayor Fadness will be a guest this weekend on Inside INdiana Business Television.
Fadness says the store is just the latest sign of momentum for Fishers.