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IKEA to potentially add second metro location

As part of an approximately 123-acre parcel of land 17 miles north of downtown Denver, the potential IKEA site is located at the intersection of I-25 and East Baseline Road (State Highway 7).

IKEA announced it has identified a site in Broomfield for a potential second Denver-area store. IKEA has not yet determined an exact timeframe 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.

As part of an approximately 123-acre parcel of land 17 miles north of downtown Denver, the potential IKEA site is located at the intersection of I-25 and East 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.

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.

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 percent of its U.S. locations. 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.

Currently there are more than 380 IKEA stores in 48 countries, including 42 in the U.S. 

Edited by the Colorado Real Estate Journal staff.