REAL ESTATE

Ikea’s Miami-Dade store on track for summer 2014 opening

BY Katherine Boccaccio

Conshohocken, Pa. — Ikea said Wednesday that contractors have been hired and a building permit is pending for its future Miami-Dade store in Sweetwater, Fla., putting the home furnishings retailer on track for a groundbreaking in 60 days and a summer 2014 opening date.

Ikea selected Balfour Beatty Construction to oversee the project. Other Florida firms involved include Kimley-Horn and Associates for civil engineering; ATC Associates for geotechnical services; GFA International for testing and inspection services; Holland & Knight for local land use counsel; The Goldstein Environmental Law Firm for Brownfield expertise; real estate brokerage The Shopping Center Group for site selection support; and Procacci Development Corp. for selling the land. Atlanta-based GreenbergFarrow is the project architect.

The 417,000-sq.-ft. future Ikea Miami will feature 1,500 parking spaces, and the company said it will evaluate solar generation potential for this store to complement the presence of renewable energy generation at nearly 90% of its current U.S. locations.

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REAL ESTATE

Sport Clips to make Canadian debut; plans 200 stores in 10 years

BY Katherine Boccaccio

Georgetown, Texas — Sport Clips Haircuts announced Wednesday that it will open its first store in Canada on March 1.

The Burlington, Ontario, franchised location is the first of three planned for the city by master franchisor Sport Clips Canada.

In addition to Burlington, Sport Clips Canada currently has 26 stores under contract to open throughout Ontario and British Columbia. Sport Clips Canada said it plans to open 50 stores within the next three years, 100 stores in five years and 200 stores in 10 years.

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REAL ESTATE

Topshop eyes 10 more U.S. locations

BY Katherine Boccaccio

New York — Britain’s Topshop is planning on increasing its U.S. presence. The fashion chain plans to open 10 additional stores in the United States over the next two years, according to the New York Daily News.

There are currently four U.S. Topshop stores, with the most recent being a flagship at The Grove in Los Angeles. The 25,000-sq.-ft. store carries the retailer’s full range, including its Topman brand for men.

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