Furniture giant IKEA gets green light to grow
March 31, 2014 by Lisa
Just over two weeks ago, The Burbank City Council gave its unanimous go ahead for the giant furniture company IKEA to construct its largest American store in Burbank.
Set to boast a store so large that catalog printing may prove the best method for consumers to really find out what will be offered, the Swedish company has been a presence in Burbank since 1990 when it opened its first California store here. The new store location will be about a mile from the present one and nearly twice its size.
Construction at the nearly 23-acre site is expected to commence this summer, with the new store anticipated to open in August of 2016. The first step in the new 470,000 square foot store’s construction will be the demolition of the current 22 buildings on the site. Representatives of the businesses occupying those buildings attended the March 13 meeting and requested relocation assistance. City officials agreed to “reach out” to those businesses and help them find new quarters.
The Burbank Leader reports that one point of contention that had been eased to cleared the path for the unanimous yes vote was the proposal that half of the sales tax increase generated by the new store would be returned to IKEA. The idea behind that proposal was to reimburse the company for additional fees not originally accounted for. IKEA volunteered to drop the proposal when some council members were reluctant to relinquish tax paper money with a yes vote.