{"id":24546,"date":"2022-12-24T12:32:05","date_gmt":"2022-12-24T20:32:05","guid":{"rendered":"https:\/\/occupysf.net\/?p=24546"},"modified":"2022-12-24T12:32:07","modified_gmt":"2022-12-24T20:32:07","slug":"some-good-news-for-s-f-s-struggling-market-street-the-long-awaited-ikea-will-open-in-2023","status":"publish","type":"post","link":"https:\/\/occupysf.net\/index.php\/2022\/12\/24\/some-good-news-for-s-f-s-struggling-market-street-the-long-awaited-ikea-will-open-in-2023\/","title":{"rendered":"Some good news for S.F.\u2019s struggling Market Street: The long-awaited IKEA will open in 2023"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.sfchronicle.com\/author\/j-k-dineen\/\" target=\"_blank\" rel=\"noreferrer noopener\">J.K. Dineen<\/a><\/p>\n\n\n\n<p>Dec. 22, 2022Updated: Dec. 24, 2022 10:25\u00a0a.m. (SFChronicle.com)<a rel=\"noreferrer noopener\" href=\"https:\/\/www.facebook.com\/dialog\/feed?app_id=137086563877087&amp;link=https%3A%2F%2Fwww.sfchronicle.com%2Fsf%2Farticle%2FSome-good-news-for-S-F-s-struggling-Market-17672334.php%3Futm_campaign%3DCMS%2520Sharing%2520Tools%2520(Premium)%26utm_source%3Dfacebook.com%26utm_medium%3Dreferral&amp;name=Some%20good%20news%20for%20S.F.%E2%80%99s%20struggling%20Market%20Street%3A%20The%20long-awaited%20IKEA%20will%20open%20in%202023&amp;description=The%20store%20famous%20for%20Swedish%20meatballs%2C%20and%20furniture%2C%20will%20take%20space%20in%20the%20empty%20mall...&amp;picture=https%3A%2F%2Fs.hdnux.com%2Fphotos%2F01%2F24%2F07%2F76%2F22052740%2F7%2FrawImage.jpg&amp;redirect_uri=https%3A%2F%2Fwww.sfchronicle.com%2Fsf%2Farticle%2FSome-good-news-for-S-F-s-struggling-Market-17672334.php%3Futm_campaign%3DCMS%2520Sharing%2520Tools%2520(Premium)%26utm_source%3DUTMSOURCE%26utm_medium%3DUTMMEDIUM\" target=\"_blank\"><\/a><a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Fwww.sfchronicle.com%2Fsf%2Farticle%2FSome-good-news-for-S-F-s-struggling-Market-17672334.php%3Futm_campaign%3DCMS%2520Sharing%2520Tools%2520(Premium)%26utm_source%3Dt.co%26utm_medium%3Dreferral&amp;text=Some%20good%20news%20for%20S.F.%E2%80%99s%20struggling%20Market%20Street%3A%20The%20long-awaited%20IKEA%20will%20open%20in%202023&amp;via=sfchronicle\" target=\"_blank\"><\/a><a rel=\"noreferrer noopener\" href=\"mailto:?subject=Your%20friend%20has%20shared%20a%20San%20Francisco%20Chronicle%20link%20with%20you%3A%20&amp;body=Some%20good%20news%20for%20S.F.%E2%80%99s%20struggling%20Market%20Street%3A%20The%20long-awaited%20IKEA%20will%20open%20in%202023%0A%0Ahttps%3A%2F%2Fwww.sfchronicle.com%2Fsf%2Farticle%2FSome-good-news-for-S-F-s-struggling-Market-17672334.php%3Futm_campaign%3DCMS%2520Sharing%2520Tools%2520(Premium)%26utm_source%3Dshare-by-email%26utm_medium%3Demail%0A%0AThe%20store%20famous%20for%20Swedish%20meatballs%2C%20and%20furniture%2C%20will%20take%20space%20in%20the%20empty%20mall...%0A%0AThis%20message%20was%20sent%20via%20San%20Francisco%20Chronicle\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.sfchronicle.com\/sf\/articleComments\/Some-good-news-for-S-F-s-struggling-Market-17672334.php\">Comments<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"1-image-22052740\"><img decoding=\"async\" src=\"https:\/\/s.hdnux.com\/photos\/01\/24\/07\/76\/22052740\/7\/1200x0.jpg\" alt=\"A rendering of the IKEA Mall planned at 945 Market St. in San Francisco.\"\/><figcaption>1of3A rendering of the IKEA Mall planned at 945 Market St. in San Francisco.Ingka Centres \/ Provided by Ingka Centres<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image\" id=\"2-image-22052739\"><img decoding=\"async\" src=\"https:\/\/s.hdnux.com\/photos\/01\/24\/07\/76\/22052739\/10\/1200x0.jpg\" alt=\"IKEA plans to open at 945 Market St. in San Francisco.\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\" id=\"3-image-23301908\"><img decoding=\"async\" src=\"https:\/\/s.hdnux.com\/photos\/01\/30\/70\/74\/23301908\/3\/1200x0.jpg\" alt=\"IKEA plans to open at 945 Market St. in San Francisco.\"\/><\/figure>\n\n\n\n<p>Finally some good news for San Francisco\u2019s struggling Market Street: The long-awaited IKEA will open in 2023.<\/p>\n\n\n\n<p>More than two years after buying the empty mall at 945 Market St. for $198 million, IKEA says construction on the store build-out is well under way \u2014 it started in August \u2014 and that the grand opening will occur in the fourth quarter of next year.<\/p>\n\n\n\n<p>\u201cWe are dedicated to creating an exciting and welcoming meeting place on Market Street in San Francisco,\u201d the Swedish home goods and furniture retailer said in a statement.<\/p>\n\n\n\n<p>The project is being developed by Ingka Centres, an affiliate of IKEA. The mall will be branded as Livat, a Swedish word that translates as \u201clively happening\u201d or \u201cbustling gathering.\u201d<\/p>\n\n\n\n<p>So far the company has been guarded about other tenants at the 250,000-square-foot shopping center, which has been vacant since it was completed in 2016. The IKEA is slated to occupy 87,000 square feet, and 47,000 square feet of the building is zoned for office space.<\/p>\n\n\n\n<p>\u201cAlongside an IKEA store, we plan to bring innovative concepts in food, entertainment, wellness and flexible office spaces that will make our new meeting place vibrant, fresh and appealing for the many visitors and the community,\u201d the company said.<\/p>\n\n\n\n<p>More for you<\/p>\n\n\n\n<ul><li><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/S-F-land-values-are-sinking-to-rock-bottom-17670033.php\"><\/a><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/S-F-land-values-are-sinking-to-rock-bottom-17670033.php\">S.F. land values are sinking to rock bottom prices, but there could be a silver lining<\/a><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/S-F-land-values-are-sinking-to-rock-bottom-17670033.php\"><\/a><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/S-F-land-values-are-sinking-to-rock-bottom-17670033.php\"><\/a><\/li><li><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/Maps-show-the-detailed-S-F-areas-where-17655467.php\"><\/a><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/Maps-show-the-detailed-S-F-areas-where-17655467.php\">Map shows in detail S.F. areas where homelessness has increased or decreased the most<\/a><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/Maps-show-the-detailed-S-F-areas-where-17655467.php\"><\/a><a href=\"https:\/\/www.sfchronicle.com\/sf\/article\/Maps-show-the-detailed-S-F-areas-where-17655467.php\"><\/a><\/li><\/ul>\n\n\n\n<p>The San Francisco Business Times recently reported that the fifth floor would be occupied by&nbsp;<a href=\"https:\/\/www.bizjournals.com\/sanfrancisco\/news\/2022\/10\/21\/industrious-lease-ikea-mall-san-francisco.html\">Industrious,<\/a>&nbsp;a New York co-working company, and that the miniature golf chain&nbsp;<a href=\"https:\/\/www.bizjournals.com\/sanfrancisco\/news\/2022\/08\/01\/6x6-mall-could-add-mini-golf-course.html\">the Puttery<\/a>&nbsp;had inquired with the city\u2019s zoning administrator whether that would be an allowable use. The Puttery is backed by professional golfer Rory McIlroy.<\/p>\n\n\n\n<p>Marisa Rodriguez, executive director of the Union Square Alliance, said IKEA will bring a broad cross section of customers into downtown San Francisco and that the foot traffic will benefit retailers throughout the greater Union Square neighborhood.<\/p>\n\n\n\n<p>\u201cIKEA is betting on San Francisco, which is a clear indicator of the continued strength of our downtown coming back,\u201d Rodriguez said. \u201cIt\u2019s not Union Square, but it\u2019s a five-minute walk from the heart of San Francisco.\u201d<\/p>\n\n\n\n<p>While Union Square has seen a resurgence in luxury brands opening stores \u2014 Rolex is opening a new store on Post Street next year \u2014 IKEA also represents the return of the sort of \u201cmass-market\u201d retailer the district has been losing in recent years. A recent report commissioned by the alliance found that 26 mass-market retailers \u2014 including Marshalls, H&amp;M and Uniqlo \u2014 have closed in the past three years.<\/p>\n\n\n\n<p>\u201cWe are always striving for diversity of offering,\u201d Rodriguez said.<\/p>\n\n\n\n<p><em>J.K. Dineen is a San Francisco Chronicle staff writer. Email: jdineen@sfchronicle.com Twitter: @sfjkdineen<\/em><a rel=\"noreferrer noopener\" href=\"https:\/\/www.sfchronicle.com\/author\/j-k-dineen\/\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p>Written By <a rel=\"noreferrer noopener\" href=\"https:\/\/www.sfchronicle.com\/author\/j-k-dineen\/\" target=\"_blank\">J.K. Dineen<\/a><a href=\"https:\/\/twitter.com\/sfjkdineen\"><\/a><\/p>\n\n\n\n<p>J.K. Dineen covers housing and real estate development. He joined The Chronicle in 2014 covering San Francisco land use politics for the City Hall team. He has since expanded his focus to explore housing and development issues throughout Northern California. He is the author of two books: &#8220;Here Tomorrow&#8221; (Heyday, 2013) and &#8220;High Spirits&#8221; (Heyday, 2015).VIEW COMMENTS<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.sfchronicle.com\/\"><img decoding=\"async\" src=\"https:\/\/www.sfchronicle.com\/img\/logos\/black\/logo.svg\" alt=\"San Francisco Chronicle Homepage - Site Logo\"\/><\/a><\/figure>\n\n\n\n<p><img decoding=\"async\" src=\"https:\/\/www.sfchronicle.com\/img\/core\/hearst_newspapers_logo.svg\" alt=\"HEARST newspapers logo\">\u00a92022 Hearst<\/p>\n","protected":false},"excerpt":{"rendered":"<p>J.K. Dineen Dec. 22, 2022Updated: Dec. 24, 2022 10:25\u00a0a.m. (SFChronicle.com) Comments Finally some good news for San Francisco\u2019s struggling Market Street: The long-awaited IKEA will open in 2023. More than two years after buying the empty mall at 945 Market St. for $198 million, IKEA says construction on the store&#8230; <a class=\"continue-reading-link\" href=\"https:\/\/occupysf.net\/index.php\/2022\/12\/24\/some-good-news-for-s-f-s-struggling-market-street-the-long-awaited-ikea-will-open-in-2023\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/24546"}],"collection":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/comments?post=24546"}],"version-history":[{"count":1,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/24546\/revisions"}],"predecessor-version":[{"id":24547,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/posts\/24546\/revisions\/24547"}],"wp:attachment":[{"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/media?parent=24546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/categories?post=24546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/occupysf.net\/index.php\/wp-json\/wp\/v2\/tags?post=24546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}