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Originally Posted by OldDartmouthMark
I am guessing that, since he will be making the announcement with our mayor (who tends to maintain a low profile), that it will be a full store.
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Well this is certainly good news, and long awaited. I think we can all agree with most certainty that this is a new store announcement. As to the question of what format, and where, well for now that's just speculation.
I'm going to give the edge to large format, given our distance from the nearest established market, the announcement last year of a plan to launch 10 more full-sized footprints, and rumours that have circulated in the local business community recently and in the past. But Ikea is a strange monkey (see what I did there?) and they can be hard to predict. It could very well be a small format pick-up store, either as a done deal, or as a bell-weather for future expansion to full size in Halifax. Regarding the media circus Friday, I wouldn't jump at that as an indicator, as the president was on hand and did hold a press-conference for both London and QC's pickup store announcements last year.
Where will they build? Best money is on Bayer's Lake or DC. Between those two, its anyone's guess. Having the press event in Halifax might be a guide (I'm sure DC would prove fantastic hosts for the press event if they were getting the store), but St. Mary's Boat club is an odd spot. It doesn't go all the way to saying "We are coming to Bayer's Lake!".
Wherever they choose, I'm sure it will be a new, stand-alone build. That's Ikea's style. They are not going to re-purpose a K-mart->Zellers->Target, or a Rona in the far flung back reaches. (It seems people keep suggesting Rona to me, because it's BLUE?! Ikea is NOT going to move to a building because it happens to already be "almost" the right colour!) They will want highway exposure, if not actual highway access. (Especially if its a large format). The large format stores are ENORMOUS. 300,000 + square feet. That's more the 3x the size of the Canadian tire in DC, or almost half the gross leasable area of Mic Mac Mall.
Whatever it is, I eagerly await Friday's announcement