IKEA Planning Spending $18M on New Store in The Woodlands

IKEA reported in a public filing that it plans to spend $18 million on a 150,000-square-foot warehouse it owns in The Woodlands. The Houston Business Journal reports the proposed project includes demolition work, new partitions, new plumbing fixtures, new showroom and a new kitchen with serving and seating. The work is estimated to begin on March 1 and be completed on Sept. 3 of next year.

The listed architect for the renovation is Ware Malcomb, a longtime partner of IKEA. The space IKEA plans to redo is currently occupied by JCPenney. There is no word on JCPenney’s plans to vacate the building. The company filed for bankruptcy in 2020.

IKEA opened the region’s second full-service store in Webster in June. At 93,000 square feet, the Webster store is significantly smaller than stores IKEA has been known for.

Over the past year, IKEA has built similar-sized and smaller stores in Rockwall (108,000 square feet), Dallas (63,000 square feet), and Pharr in the Rio Grande Valley (44,000 square feet).