The Burbank City Council in a unanimous vote on Tuesday night approved a planned Ikea that would be twice the size of the city’s current outlet – and the retailer’s largest store in the United States.
The home furnishings retailer plans to open the 470,000-square-foot store in 2016 at 805 S. San Fernando Road, less than a mile south of its current location next to the Burbank Town Center.
The retailer, owned by Ingka Holding B.V. of the Netherlands, proposed the project more than one year ago when it said it had outgrown its existing 242,000-square-foot downtown Burbank location.
The new location will include a 12,000-square-foot restaurant, a 1,000-square-foot bistro and a children’s play area. The store is expected to create close to 400 jobs.
“The City Council made an important decision which will benefit Burbank residents,” said Community Development Director Joy Forbes, in an email. “Having Ikea expand in Burbank will keep and grow our sales and property tax base for years to come so that the city can continue to provide our high level of service to residents, businesses and visitors of our city.”
Crown Realty and Development Inc., the owner of the Burbank Town Center, agreed to buy Ikea's current property just north of the mall for $1.3 million. The developer and city are working on plans for the space, which might include an expansion of the mall.