Swedish Home Furnishings Retailer IKEA Secures Contractors for Indianapolis-Area Store Opening Fall 2017 in Fishers, Indiana

CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–IKEA, the world’s leading home furnishings retailer, today announced
contractors now are hired for building its future Indianapolis-area
store in Fishers, IN. Pending remaining permits, this milestone allows
the project to continue on track for site work to commence, with
groundbreaking next month and a store opening in Fall 2017, increasing
the Swedish retailer’s presence in the Midwestern United States. Until
the store opens, customers can shop at the Cincinnati-area store in West
Chester, OH; Chicago-area IKEA Bolingbrook and IKEA Schaumburg; or
online at IKEA-USA.com.

IKEA has chosen Pepper Construction to serve as Construction Manager for
the IKEA Fishers site work and store development project. Having a
strong Midwestern presence, Pepper is a full-service construction
management, design/build and general contracting firm that has
constructed several IKEA stores throughout the years, including one
underway in Columbus, OH. Other firms assisting with this project are:
real estate brokerage CBRE for site selection support; Faegre Baker
Daniels for local land use counsel; Kimley-Horn for civil engineering;
KJWW Engineering Consultants for structural; ACIES Engineering for
mechanical, electrical and plumbing design; Earth Source for
environmental services; and GreenbergFarrow as project architect.

“With contractors onboard, plans can proceed towards opening the future
IKEA Fishers,” said Lars Petersson, IKEA U.S. president. “This store
will provide a more convenient IKEA shopping experience for current and
potential customers throughout Indiana, complementing our growing
Midwestern U.S. presence.”

IKEA Fishers will feature nearly 10,000 exclusively designed items, 50
inspirational room-settings, three model home interiors, a supervised
children’s play area, and a 325-seat 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 to be created during the construction
phase, approximately 250 coworkers will join the IKEA family when the
new store opens. IKEA Fishers also will provide significant annual sales
and property tax revenue for state and local governments and schools.

Located approximately 15 miles northeast of downtown Indianapolis, the
289,000-square-foot future IKEA store and its 1,000 parking spaces will
be built on 35 acres along the eastern side of Interstate 69, just south
of the E. 116th Street exit. Store plans reflect the same
unique architectural design for which IKEA stores are known worldwide.
IKEA also is evaluating potential on-site power generation to complement
its current U.S. renewable energy presence at nearly 90% of its U.S.

Since its 1943 founding in Sweden, IKEA has offered home furnishings of
good design and function at low prices so the majority of people can
afford them. There are currently more than 380 IKEA stores in 48
countries, including 42 in the U.S. IKEA has been included in rankings
of “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,
or IKEAUSA on Facebook,
and Pinterest.


Joseph Roth, U.S. Expansion
(610) 834-0180, x 6500