IKEA Development Details Released

IKEA plans to invest nearly $36M into the planned Jacksonville location. According to a recent article, the opening is expected to be in the fall of 2017 and the store plans on hiring 250 people to staff the location. The permits show a store size of 294,203 SF with 950 parking spaces and an expected development cost of $22.7M. IKEA paid $13M for the 25 acres back in May.

Karen Brune Mathis with the Daily Record covered the story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on October 19, 2016, in Development, JAX Daily Record, Jobs/JAX Economy, Land, Shopping Centers/Retailers, Uncategorized and tagged . Bookmark the permalink. Leave a comment.

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