FORT WORTH, Texas - News of a brand new Ikea store set to be built in North Fort Worth is the latest addition to an often-overlooked growing business area.
The Swedish home furnishings giant announced its plans Thursday to build a store in the southwest corner of Interstate 35W and North Tarrant Parkway.
The 27-acre project would have 900 parking spaces and 289,000 square feet of space. It would also try to find a way to generate about 90 percent of its own electricity on site.
Meggie Schissler and her husband own the franchise for Chicken Salad Chick. When they were looking for a location several years ago, everyone told them to take a look at North Fort Worth.
“When we started looking in Fort Worth, in general every real estate broker anyone who had any interest in it said you need to look in the Alliance area,” she explained.
After more than 25 years, the Alliance corridor is still growing, with Ikea being the newest addition. It would be the latest big box store to set up shop there and why hundreds of apartment and homes keep going up.
"Everything behind us was not there in 2014. All the houses, Main Event, the big Target store — nothing. All blew up,” said homeowner Adam Diermann. "We're told the property value of our house has gone up 10 to 15 percent since the expansion of everything."
“So cool to see not just home development, but the communities and the schools,” Schissler said. “Just a great place to live. Have everything you need out here now."
If approved, the Fort Worth Ikea location would open in the summer of 2019.
The company already has a store in Frisco and is building on in Grand Prairie that is due to open later this year.