The long-awaited Dublin IKEA store will not be moving forward as the company plans to sell the property it purchased within the city, according to an announcement from officials Friday.
After years of no movement on the project, the city said it was informed that the Swedish home furnishings company is shifting its focus to smaller-format stores by repurposing vacant retail spaces.
“This new strategy is intended to enhance convenience, reduce delivery costs for customers, and meet the company’s sustainability goals,” the city’s statement said.
In 2018, the Dublin City Council at the time approved plans for a proposed 317,000-square-foot IKEA store on an approximately 28-acre parcel in eastern Dublin. The proposal also included a 93,000-square-foot commercial center intended for additional retailers and restaurants.
The project received the necessary entitlements, but construction did not proceed and those approvals have since lapsed, the city said. The project site currently remains undeveloped.
Despite not forging ahead with the previously approved expansion plan, the door is still open for the Tri-Valley to see an IKEA come to the region in the future.
According to the city of Dublin, IKEA officials said that the company “remains committed to future growth in the Bay Area, especially in the Tri-Valley”.
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