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Charlotte Real Estate Blog by Angie Adams




Charlotte Area Real Estate News. Homes for Sale
IKEA is breaking Ground in Charlotte!

IKEA, the Swedish home furnishings giant broke ground for its new Charlotte store Wednesday, paving the way for a spring 2009 grand opening.

On City Boulevard, next to Interstate 85, the 356,000-square-foot store will be the first in the Carolinas and the 36th nationwide. It's expected to employ about 400 people.

Customers can expect more than 10,000 affordably priced, exclusively designed home goods, a supervised children's play area and a 300-seat restaurant serving Swedish specialties.

That combination is expected to draw shoppers from across the Carolinas and southern Virginia. Though the closest store is in Atlanta, the company says it already has 150,000 Carolinas customers; IKEA has long operated in the northeast and in California.

Work has begun on the 25-acre site, and construction equipment bustles around the expanse of grass and red dirt.

The IKEA will be the centerpiece of Crescent Properties' 175-acre Belgate mixed-use development. Other retail, including a Wal-Mart Supercenter, is also set to spring up nearby.

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Published Sunday, April 13, 2008 11:24 AM by Angie Adams NC/SC REALTOR® Broker


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