Business Journal: Ikea Gets Neighbors
The Ikea store in West Sacramento will soon have other big names in retailing around it.
Tuesday, December 19, 2006
Since the IKEA store opened to great fanfare in March, it’s stood alone in the 93-acre Riverpoint Marketplace. But now Wal-Mart has begun construction on a supercenter that will sell groceries. Also, Home Depot is locking up a site and hopes to have a new store open before the end of next year. Negotiations are also underway with Applebee’s, In-N-Out-Burger, and Taco Bell. Riverpoint Marketplace stands to be West Sacramento’s largest source of local tax dollars, generating three and a half million dollars each year when it’s built out.