Ikea will open its second metro Atlanta store in Marietta, a deal Mayor Steve Tumlin hailed as one of the largest and most important economic developments in the city’s history.
Ikea is under contract for the 28 acres on Franklin Gateway from the city for more than $9 million. The plot was one of several Marietta bought and redeveloped using bonds approved in 2013.
The plan submitted to the city calls for a 338,000 square foot store, which would likely employ between 250 and 300 workers. A timeline has not been set for construction or grand opening.
“The city has worked very diligently on the redevelopment of the Franklin corridor and ikea would like to be part of that redevelopment,” said Jim Anastos, a real estate manager for the company.
A city spokesperson said Ikea received no tax breaks or abatements.
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