Ikea confirms third Sydney store

Ikea will build a new Sydney store in Marsden Park in Sydney’s north-west.

Located 50km north-west of Sydney within the new Sydney Business Park, Marsden Park will be the third Ikea store in Sydney alongside existing stores in Rhodes and the Tempe store which opened last week.

Ikea MD David Hood said the new Marsden Park development had been months in the planning and would improve Ikea’s ability to service current and future customers in the north-west Sydney area.

At 36,000sqm, Marsden Park will be of a similar size to the stores recently opened in Sydney (Tempe) and Melbourne (Springvale).

Ikea Marsden Park will anchor the Sydney Business Park in what is set to become one of the largest bulky goods precincts in Australia. The store will be built on a 73,550sqm site – equivalent to nine football fields – which Ikea purchased as part of the development. Work on the site will commence in late 2012/early 2013 and it is expected to open in 2014/15.

“The launch of this new store is an important step in Ikea making its range of affordable, well-designed home furnishing productsavailable to as many people as possible,” said Hood.

“The north-west corridor has massive potential for Ikea. As it continues to offer new tranches of land and home releases, we will see an increasing number of families moving in, and this store will make iteasy for all of those people to furnish their homes affordably,” said Hood.

The Marsden Park store will be the eighth Ikea store in Australia and a cornerstone of Ikea’s longer term national expansion plans which will see eight or nine stores across each of Sydney, Melbourne and Brisbane. It will follow the opening of Ikea Cambellfield in Melbourne’s North (which is scheduled to open in 2014).

Ikea Australia (East) has opened two new stores in as many months – Springvale in Melbourne’s south-east and Tempe in Sydney’s south-west. Both stores have been incredibly well received, with each welcoming tens of thousands of customers over their opening weekends.

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