Facebook Fans "Like" IKEA for Chrysler Plant, But Is It Feasible?

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Updated at end of article with response from IKEA.

"The old Chrysler plant location in Fenton, Mo., is perfect for an IKEA!"

So proclaims the Facebook site "IKEA to St. Louis! (on old Chrysler Plant property in Fenton)" that has garnered more than 12,500 "likes" online. But is it true? Is the shuttered Chrysler plant on I-44 perfect for IKEA?

We're not so sure.

In August 2010, the last time an IKEA rumor was floating around St. Louis (a new one seems to pop up every other year), we contacted Joseph Roth, a spokesman for the Swedish furniture mega-store.

Roth told us then that the company had no current plans to enter the St. Louis market. He also informed us that should an IKEA come to town, it would need a lot of space -- 30 acres -- and would "build from the ground up."

Roth could not be reached immediately for comment this time around, but Daily RFT's crack research suggests that the Chrysler plant has too much space for IKEA.

Observe:


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18 comments
klsyanderson
klsyanderson

Cheap crappy furniture. Good for dorm room but that's all.

Timothy Brendlinger
Timothy Brendlinger

How about an Ikea amusement park on the excess acreage surrounding the store?

Angelo Olegna
Angelo Olegna

This is like getting excited over a new Starbucks. We've had two independent furniture stores open on South Grand in the past couple months. How about people get excited over that?

Don Tran
Don Tran

Stl will have an IKEA, the rest, let's IKEA take care of every thing!!!!! How about that!

ctsmith53
ctsmith53

Here's a wild idea...A location that is potentially better suited for IKEA and would provide access to interstate, river, and possibly rail AND situate the IKEA in a place easily accessible to St. Louis City, St. Louis County, Jefferson County, and Metro-East customers is the former Carondelet Coke site in south St. Louis city. IKEA says in this article that ideally it wants 30 acres and wants to build from the ground up.  Bingo!  The Carondelet Coke site is 42 acres and is definitely a build from the ground up situation.  So there would be 12 extra acres for possibly a couple more businesses or offices.  Additionally, IKEA would be "reclaiming" what has been an eyesore and wasteland (not to mention an environmental hazard) since the Carondelet Coke plant closed in 1987.  This would not only bring life back to this vacated property, but would also provide a welcome boost to the development that is underway in Carondelet, the Patch, and all along South Broadway. [Disclaimer - I have no expertise in commercial real estate, etc...there may be a million reasons why this wouldn't work. I'm just a guy with some ideas.] 

Adam Woehler
Adam Woehler

Ikea has a magic number: $1million in revenue per day per store minimum. They don't believe that our market can support that. Therefore, no Ikea. I've been hearing rumors about an Ikea opening here since I got into commercial real estate, and I'm not convinced it will ever happen.

high5apparatus
high5apparatus

The new Ikea in Denver was built on less than 15 acres. So why do they need double that for St. Louis?

Ronnie J. Weber
Ronnie J. Weber

Would be nice to see this happen. Was a real shocker to see the plant so desolate last May when I went back home for a wedding...almost 300 acres of empty parking lots & factories!

Daniel Plotkin
Daniel Plotkin

Robin: Most US Ikea locations are in the distant Burbs, they need a large facility and plenty of parking.

Robin Ragsdale
Robin Ragsdale

It might be nice to have an Ikea in StL, but there? Not a good spot for such a trendy urban company.

James Bragado
James Bragado

It would be great to get any business in there instead of the post-apocolypic barren wasteland that it is now.

Steve Dixon
Steve Dixon

This rumor pops up all the time, but the fact of the matter is that opening an IKEA here would seriously hurt sales at the Bollingbrook and Schaumberg stores and IKEA isn't into the business of undercutting themselves. I would love for it to happen, but I doubt it ever will.

chocolatealaska
chocolatealaska

 @ctsmith53 I like this idea a whole whole lot but I'm afraid that the environmental clean up would be a deterrent.  Last I heard was tax payers are paying for the majority of the clean up, so maybe IKEA wouldn't be required to foot a portion the bill, but they might opt to just avoid it all together.

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