Ingka Centres




General concept rendering for the San Francisco IKEA, courtesy Ingka Centre

New Details Revealed for IKEA at 945 Market Street SoMa, San Francisco

One of the first stories covered by SFYIMBY was the announcement that IKEA’s parent company, Ingka Centres, purchased 945 Market Street in SoMa for over a quarter billion dollars. Now, the property owners has filed a request for a project review meeting with the City of San Francisco. The application reveals new detail on the most significant real estate development in the Bay Area expected for 2021.

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General concept rendering for the San Francisco IKEA, courtesy Ingka Centre

IKEA is coming to San Francisco

Ingka Centres has announced that they will bring IKEA into the city as the firm purchased the 6X6 Mall at 945 Market Street in SoMa, San Francisco. IKEA will be the anchor tenant, occupying 70,000 square feet, with 180,000 square feet of leasable space still available for future businesses. The move has provided hope for the city’s retail market in 2021, with work starting before the year’s end.

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