Mayor: Announcement About IKEA Site Coming Soon

"I expect an extension of the neighborhood" currently under construction in Assembly Square, the mayor said.

IKEA, which owns a large parcel of land in Assembly Square, will "make an announcement very soon about who they're selling to," Somerville Mayor Joseph Curtatone said Wednesday night at a Ward 4 ResiStat meeting.

IKEA first bought land in Assembly Square in the 1990s, and the Swedish company's plans for the location were a longstanding subject of speculation in Somerville until July, when the furniture giant announced it was not building in the city.

Curtatone, speaking after the meeting, did not know when IKEA would make the announcement, but said it would be very soon, very likely before Christmas and possibly within days.

In terms of who would be taking over the parcel and what would be built there, the mayor said, "I expect an extension of the neighborhood" currently under construction in Assembly Square, referring to the new Assembly Row. "It may be part of a mixed-use plan," he said.

The mayor said a large retailer would likely be part of any plans at the site as part of broader development. "I expect anything to have a major anchor there," he said.

"It will not be a 35,000 square-foot box store," he stressed.

In terms of speculation, an "extension of the neighborhood" could mean that Federal Realty Investment Trust, the developers of Assembly Row, snatched up the IKEA parcel. Again, that's speculation.

The mayor said the new owners of the land will "open up opportunities" in the area.

AHM December 06, 2012 at 11:55 AM
Would be a perect spot for a Super Walmart and a Sam's Club.
kevin thomas crowley December 06, 2012 at 12:13 PM
to me assembly square arises out of a cesspool of greedy land deals and alarming obsequiousness of city officials to the developers. it's still unimaginable to me that in the guise of a loan, the city borrowed 26 million dollars and GAVE it to a multibillion dollar development company which may in fact make another billion dollars by the time it is finished. yet, even this cesspool is minor compared to the ludicrous possibility that a casino may be built next door in everett. one has to go through somerville to get to this proposed casino. the negative implications for our fair city are alarming. i know our mayor, to his credit, is against a casino in somerville. i hope he can convince the officials in everett that they are out of their ever-lovin' mind.
Courtney O'Keefe December 06, 2012 at 02:29 PM
The $26 million was borrowed to build the Orange Line Station at Assembly Square. Construction has been underway for a while and it will be passenger-ready, if I am not mistaken, in 2014.
Marie Lynch December 07, 2012 at 02:40 AM
We need a super Market Basket!!!
mplo December 07, 2012 at 03:31 PM
A Super Wal*Mart and a Sam's Club would be the last places that Assembly Square row needs. There are all kinds of reasons why Wal*Mart wasn't welcome here in Somerville at all and subsequently moved on because of that. It was a relief for me and most other Somerville residents.


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