£100 Million IKEA To Open In Greenwich

£100 Million IKEA To Open In Greenwich
The Royal Borough of Greenwich have granted full planning consent for a new IKEA store on Bugsby’s Way.

IKEA Greenwich will create around 500 job opportunities on the site on the Millennium Way Retail Park.

The 33,000 square meter store will provide a unique rooftop pavilion with a community area, a biodiversity garden, multi – functional spaces, a market hall, showroom and warehouse, as well as a restaurant, crèche, staff facilities and customer service areas.

Hege Saebjornsen, Sustainability manager for the UK and Ireland, said: “IKEA is dedicated to having a positive impact on the environment and the lives we touch, and the Greenwich store will be the company’s most sustainable store to date. It will include environmental features such as rainwater harvesting, PV solar panels and will meet a BREEAM ‘Excellent’ Certification Rating”.

IKEA Greenwich will be the 22nd store in the UK and Ireland and plans to open in late 2018.  It will be built on the site of the former Sainsbury’s, which was also an eco-friendly store.

Sainsbury's Old Bugsby's Way Store will be the site of the new IKEA Greenwich
Sainsbury’s Old Bugsby’s Way Store will be the site of the new IKEA Greenwich

Gillian Drakeford, Country Manager for IKEA UK said: “We are absolutely delighted that The Royal Borough of Greenwich has supported our decision to open a new IKEA store. It recognises the significant contribution IKEA will bring to the local economy and jobs market in Greenwich and the surrounding areas. It also emphasises the commitment of IKEA to the UK with our continuing expansion plans, this is excellent news and we are very much looking forward to being a good neighbour in Greenwich.”

Tim Farlam, Real Estate Manager for IKEA UK, said: “Throughout this process we have held regular discussions with the local community and we have considered the various comments raised by residents to ensure that the final store design met the needs of both IKEA and the surrounding community. We look forward to continuing to work closely with the people of Greenwich to develop our store.”