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IKEA announces Broomfield, Colorado for potential second Denver-area store

CONSHOHOCKEN, PA , 2016-Aug-06 — /EPR Retail News/ — IKEA, the world’s leading home furnishings retailer, today announced it has identified a site in Broomfield, Colorado for a potential second Denver-area store. IKEA has not yet determined an exact time frame for submitting specific store plans or for actually opening the store. However, the City has begun the process of incorporating IKEA into the master-planned Regional Retail Center along the Interstate 25 corridor. Until the potential Broomfield store opens in several years, customers can shop at the existing Denver-area IKEA store in Centennial (which opened in 2011) or online at IKEA-USA.com.

As part of an approximately 123-acre parcel of land 17 miles north of downtown Denver, the IKEA site is located at the northwestern corner of Interstate 25 and E. Baseline Road (State Highway 7). The land contiguous to the potential IKEA store eventually could be developed to accommodate opportunities for ancillary commercial, retail or residential uses.

“We are excited at the opportunity for a potential second Denver-area IKEA store at this location in Broomfield,” said IKEA U.S. president Lars Petersson. “A store in this retail corridor would complement our strong presence established in Centennial and eventually provide customers in the northern part of the Front Range an IKEA store closer to them.”

A potential Broomfield store would reflect the same unique architectural design for which IKEA is known worldwide, and would feature nearly 10,000 exclusively designed items, 50 inspirational room-settings, three model home interiors, a supervised children’s play area, and a 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, play areas throughout the store, and preferred parking. In addition to the more than 500 jobs that are expected during the construction phase, approximately 250 coworkers would join the IKEA family when the new store opens. The potential IKEA Broomfield would provide significant annual sales and property tax revenue for local governments.

Once a store timeline is set, IKEA will evaluate potential on-site power generation to complement its current U.S. renewable energy presence at nearly 90% of its U.S. locations. Drawing from its Swedish heritage and respect of nature, IKEA strives to minimize its operations’ carbon emissions because reducing its environmental impact makes good business sense. IKEA evaluates locations regularly for conservation opportunities, integrates innovative materials into product design, works to maintain sustainable resources, and flat-packs goods for efficient distribution. U.S. sustainable efforts include: recycling waste material; incorporating key measures into buildings with energy-efficient HVAC and lighting systems, recycled construction materials, warehouse skylights, and water-conserving restrooms; and operationally, eliminating plastic bags from the check-out process, and selling only LED bulbs/fixtures. IKEA U.S. also has installed electric vehicle charging stations at 14 locations and owns two wind farms.

Since its 1943 founding in Sweden, IKEA has offered home furnishings of good design and function at affordable prices. There are currently more than 380 IKEA stores in 48 countries, including 42 in the U.S. IKEA has been ranked among “Best Companies to Work For” and, as further investment in its coworkers, has raised its own minimum wage twice in two years. IKEA incorporates sustainability into day-to-day business and supports initiatives that benefit children and the environment. For more information see IKEA-USA.com, @IKEAUSANews, @IKEAUSA or IKEAUSA on Facebook, YouTube, Instagram and Pinterest.

Contact:

Joseph Roth,
Expansion Public Affairs
(610) 834-0180, x 6500

Source: IKEA

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