Home furnisher IKEA plans store, restaurant in Draper
310,000-square-foot facility will be first in Mountain West
IKEA, the wildly popular Swedish home furnisher, will enter the Utah market with a 310,000-square-foot retail store and restaurant in Draper. As part of a larger 40-acre project, the IKEA store will be built on 22.5 acres at the northwest corner of I-15 and Bangerter Highway, IKEA spokesman Joseph E. Roth said at a news conference Tuesday.
The company expects the store to open in spring of 2007, a year after breaking ground.
The sale on the land is expected to close "within a few weeks," and final construction permit approvals are pending, said Doug Greenholz, IKEA's real estate manager for the Western states.
"It's been about a year since we first visited the market, and it has taken this long and quite a bit of effort to get to this point," Greenholz said. "But finally we have all the pieces in place where we can announce this project. And what a site it is. It's a great place, and it meets all of our criteria."
IKEA Draper is the company's first store in the Intermountain West. As of October, the IKEA Group had 227 stores in 33 countries and territories, including 27 in the United States. The company has largely stuck to America's exterior regions, with stores along both coasts and in Texas, Phoenix/Tempe, Chicago and Minneapolis.
Still, it took a full year for IKEA to wade through the sea of competing proposals, which reportedly came from nearly every metropolitan area in the state, before it decided finally on Draper.
Among the company's site criteria: 40 acres on which to build; accessibility to the company's customer base, which encompasses the state of Utah and surrounding states; freeway access and visibility; clearance to build the 40-foot-tall building; and community (and municipal) support.
"This is a city that is very development-friendly," Greenholz said. "They've been very supportive of the project. . . . We're in the right place, at the right time, with the right leadership and the right team."
David Baird, economic development manager for Draper, said the city was aware it was competing with Salt Lake City and points southward all the way to Lehi to land IKEA. But, Baird said, Draper had some powerful pluses on its side.
"I think the No. 1 differencemaker was our geographic location," Baird said. "Simply put, you're seeing the merging of the two valleys, and we're smack-dab in the middle of that hourglass, which is superb. The traffic infrastructure is superior in this location, where you've got a massive amount of growth on the southern side of the Salt Lake Valley as well as on the western side, and a lot of those are homes built for younger couples."
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